Hollywood Writers Accept Tentative Deal, Including Pay From Streamers: What About Actors?
Portfolio Pulse from Piero Cingari
The Writers Guild of America (WGA) has reached a tentative agreement with entertainment companies, potentially ending a 146-day strike. The deal includes increased compensation for streaming content and minimum staffing requirements for TV shows. However, the Alliance of Motion Picture and Television Producers (A.M.P.T.P.) has only acknowledged the agreement, and actors represented by SAG-AFTRA remain on strike. Shares of Disney Co. (DIS), Warner Bros Discovery Inc. (WBD), Paramount Global (PARA), and AMC Entertainment Holdings Inc. (AMC) have declined since the strike began, while Netflix Inc. (NFLX) has posted gains.
September 25, 2023 | 12:50 pm
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NEGATIVE IMPACT
AMC Entertainment Holdings' stock has declined since the start of the WGA strike.
The ongoing WGA strike has negatively impacted the production of content, leading to a decline in AMC Entertainment Holdings' stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Disney's stock has declined since the start of the WGA strike.
The ongoing WGA strike has negatively impacted the production of content, leading to a decline in Disney's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Paramount Global's stock has declined since the start of the WGA strike.
The ongoing WGA strike has negatively impacted the production of content, leading to a decline in Paramount Global's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Warner Bros Discovery's stock has declined since the start of the WGA strike.
The ongoing WGA strike has negatively impacted the production of content, leading to a decline in Warner Bros Discovery's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Netflix's stock has posted gains since the start of the WGA strike.
Despite the ongoing WGA strike, Netflix has managed to post gains, possibly due to its diverse content library and global reach.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70