WGA Says Strike Is Costing Studios $30 Million A Day

warns could be used as “plagiarism machines” to craft scripts without writers. According to a WGA memo, the strike is costing Hollywood’s economy $30 million a day. Jack Kyser, the chief economist of the Los Angeles County Economic Development Corporation, estimated that the 2007-2008 strike cost his state $2.5 billion; this time the estimate of potential damages are likely to top at least $3 billion. Midway through the last strike, Kyser told the L.A.

1.5% of companies who asked shareholders to weigh in on executive compensation packages having rejected the pay proposals this year. The rejection comes just days after WGA West President Meredith Stiehm sent an open letter to Netflix and Comcast shareholders calling on them to reject the pay packages in the impending vote.“Netflix’s content pipeline has been blocked, with dozens of projects that were in development or ordered to series as of May 1st unable to move forward until WGA negotiations conclude,” Stiehm wrote in the letter to Netflix shareholders.

Gene Maddaus Senior Media Writer This is not 2008. That was the message sent on Thursday by the Writers Guild of America, which argues that the current strike — now a month old — will not end the way the last one did 15 years ago. In 2008, the Alliance of Motion Picture and Television Producers got a deal with the Directors Guild of America, which set the pattern for the deal that ended the writers strike after 100 days. In an email to members, the WGA argued that the studios are once again pursuing a similar “divide and conquer” strategy.

The Writers Guild told its members today that the AMPTP’s “divide and conquer” strategy isn’t working, and that if the companies think they can pit one guild against the other, make a deal with the Directors Guild and force the WGA to accept it and end its strike – as was the case with the WGA’s last strike – they are mistaken.

Rhea Perlman is opening up about her ongoing marriage to Danny DeVito, despite being separated from the actor since 2012. Speaking with Julia Louis-Dreyfus for an episode of her podcast, , Perlman talked about her relationship with the  alum, living alone and her body confidence journey. «Danny and I, we are still married… and we are still very good friends and we see each other a lot. And our family is still the most important thing to both of us,» Perlman said of her relationship with DeVito. In October 2012, ET exclusively revealed that the two actors were separating after more than 30 years of marriage. DeVito and Perlman tied the knot in January of 1982 and went on to have three children — daughters Lucy and Grace and son Jacob. Looking back on the separation, Perlman admitted, «I'm not gonna sugarcoat it, it was very difficult at first.

Megan Thee Stallion is prioritizing her mental health in the best way — by taking a break. In an interview with , the rapper shares that her fans will have to wait for her previously teased new album because she's focused on «healing.»«Fans can expect new music when I'm in a better place.

Kourtney Kardashian has been a supporting wife in recent days. The 44-year-old reality star, who is known for always spending quality time with her kids, took some time to experience the tour life with her husband Travis Barker.And while the pair are always showing how proud they are of each other, it seems like the famous Kardashian was missing her kids by day 10 of the Blink 182 tour.Kourtney has been documenting her time with Travis on the road, having a lot of fun backstage and watching him on every show.

There was once a time when the “Jersey Shore” gang were known for their booze-fuelled antics, now they’re celebrating their kids’ birthday parties.

George Michael and Clayton Kershaw agree on one thing: “Ya gotta have faith.”

The Writers Guild of America is getting even more Oval Office support.

Striking writers in New York made a bid on Monday to disrupt work on American Horror Story by picketing outside a production facility in Queens where the popular FX series known for its macabre plot lines and star-studded casts is filming season 12.

The last time WGA picket lines formed in 2007, writers didn’t have an efficient way to communicate with fellow strikers about group meet-ups, illegal productions, and all those clever placards. The only place they could turn to for regular information was this very space, in which the late Nikki Finke would post regular missives about strike action, the broken-off negotiations and the financial impact of the 100-day work stoppage.

EXCLUSIVE: Verve has told the troops it will conduct a strategic series of employee layoffs as the WGA-AMPTP strike continues. The layoffs so far pertain mostly to support staff. Agency leaders and agents will also see reduced salaries and expenses as part of the cost-saving measures that are being taken to ensure Verve maintains its position as an independently owned talent agency.

The global brand development, marketing and entertainment platform Authentic Brands Group has today announced its expansion with the launch of Authentic Studios, a full-service production studio that will develop and produce film, TV and commercial content drawing on Authentic’s portfolio of more than 40 world-renowned brands.

likeness rights to celebrities like Marilyn Monroe, Elvis Presley, Muhammad Ali, Shaquille O’Neal and David Beckham.Authentic Studios aims to craft varied media content (film, television, streaming, etc.) from its four core labels: Shaquille O’Neal’s Jersey Legends, David Beckham’s Studio 99, Sports Illustrated Studios and Authentic Productions. Authentic Studios hopes to find new material to develop and produce, as well as participate in co-production and financing opportunities with third parties, around their content.“Authentic Studios is unique in its ability to leverage Authentic’s in-house roster of brands and a deep catalog of IP to develop and produce content in all forms with 360-rights control,” Authentic Studios President Colin Smeeton said.

BreAnna Bell Authentic Brands Group has launched Authentic Studios, which aims to develop and produce a wide range of film/TV and commercial content from the company’s portfolio. Based in Beverly Hills, Authentic Studios will kick off as the home to Shaquille O’Neal’s Jersey Legends, David Beckham’s Studio 99, Sports Illustrated Studios and Authentic Productions. Authentic Studios plans to mine those companies to develop programming for television, film and streaming platforms; it also will also hit the marketplace to search for additional material to develop and produce, and aims to involved in co-production and financing of third-party original content.

It looks like it’s bad luck for Aziz Ansari‘s “Good Fortune.” THR reports that the current WGA writers’ strike has forced Lionsgate and Ansari to indefinitely suspend filming on the project. Lionsgate made the decision last night after picketers interrupted filming in LA’s Koreatown two days in a row earlier this week, on May 16 and 17.

Gene Maddaus Senior Media Writer The Writers Guild of America argued Tuesday that the strike will end up costing studios more if it goes on for “weeks and months” than it would cost to agree to writers’ demands. In an email to members, the WGA negotiating committee said that its proposals would cost an estimated $429 million per year. The guild argued that is “modest” compared to the billions spent on content every year, and the billions in revenues earned each year by the major entertainment companies. “These companies have made billions in profit off writers’ work, and they tell their investors every quarter about the importance of scripted content,” the committee stated. “Yet they are risking significant continued disruption in the coming weeks and months that would far outweigh the costs of settling.”

on Friday to denied a waiver to CBS and Paramount+ that would allow the ceremony to be broadcast and streamed. And indeed, WGA specifically blamed CBS, Paramount “and their allies,” for making the changes necessary.“As has been previously reported, the Writers Guilds of America East and West (WGA) will not negotiate an interim agreement or a waiver for the Tony Awards.