Netflix, Iger Lead The Way As Hollywood Studios Offer A New Deal To Striking Writers
Portfolio Pulse from Sudhanshu Singh
Hollywood studios have proposed a new deal to striking screenwriters, addressing concerns such as AI and viewer stats. The proposal includes a guarantee that human writers will always get credit for screenplays and sharing viewer stats for shows on streaming platforms. Netflix and Disney CEOs are pushing for an agreement. The Writers Guild of America, which began their strike on May 2, is yet to accept the offer. The proposal also includes a 20% increase in residuals, salary hikes, and guaranteed minimum work duration for writers.
August 15, 2023 | 8:53 am
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NEUTRAL IMPACT
Disney's CEO, Bob Iger, is advocating for a deal with the striking screenwriters. The outcome of the strike could impact Disney's content production.
The ongoing strike by the Writers Guild of America could potentially disrupt Disney's content production. However, the company's active involvement in negotiations indicates its commitment to resolving the issue, which could mitigate any negative impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Netflix's Co-CEO, Ted Sarandos, is actively pushing for an agreement with the striking screenwriters. The outcome of the strike could impact Netflix's content production.
The ongoing strike by the Writers Guild of America could potentially disrupt Netflix's content production. However, the company's active involvement in negotiations indicates its commitment to resolving the issue, which could mitigate any negative impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70