What Happens To Hollywood If The Actors Go On Strike

Netflix stands to benefit from the dual strikes underway in Hollywood while competitors like Disney and Apple will get “weaker,” in part because of the streamer’s vast international production pipeline, a top media-stocks analyst said Wednesday on the brink of earnings season.“The strike plays to their advantage,” Michael Nathanson, founding partner of SVB MoffettNathanson, said on CNBC’s “Squawk Box.” “I’ve not been a Netflix bull, but their setup for this quarter and the next 12 months is incredibly strong.”Co-host Andrew Ross-Sorkin seized on that notion, seeking to clarify whether Nathanson meant Netflix would get stronger merely relative to its competition – or if it could help the streamer overall. The answer seemed to be: a bit of both.“I think relative, clearly, right?” Nathanson said.

The biggest names in Hollywood are showing their support for the ongoing SAG-AFTRA strike by joining their fellow union members on the picket lines.

After AMPTP called their AI proposal to SAG-AFTRA yesterday “groundbreaking”, the actors’ union National Executive Director and chief negotiator, Duncan Crabtree-Ireland, still begs to differ.

Ted Lasso star Jason Sudeikis and other top actors joined picket lines alongside screenwriters on the first full day of a walkout that has become Hollywood's biggest labour fight in decades.

pic.twitter.com/IK0FIB5KFxTwitter users are having a field day with the idea of A-list hotties and magazine cover stars joining beleaguered writers. In a viral Tweet, one user compared the troops getting reinforcements to a mash-up between Demi Lovato vehicle “Camp Rock” and “Star Wars.” All we’re saying is Mitchie could lead the resistance, but Han Solo couldn’t win the Final Jam…SAG and WGA striking together.

George Clooney is speaking out about the SAG-AFTRA strike.One day after the actors' union officially ratified their strike, with performers walking off sets and out of promotional events for their upcoming projects, Clooney issued a statement to ET, calling the strike a major turning point in the history of Hollywood.«This is an inflection point in our industry,» the actor and director said in his statement. «Actors and writers in large numbers have lost their ability to make a living.

Production has paused on Deadpool 3 following SAG-AFTRA’s decision to move forward with strike action last night.

Gene Maddaus Senior Media Writer As the clock ticked toward midnight on July 12, SAG-AFTRA president Fran Drescher addressed the group of negotiators from the major studios. “You’re sitting on the wrong side of history,” she told them. “Shame on you.” It had been clear for some time that Drescher’s union would go on strike. A final day of talks with two federal mediators had done nothing to bridge the gaps between the two sides. Drescher’s speech served as the exclamation point — a dramatic flourish from a born performer — casting the dispute over business models and residual formulas in Manichean terms.

SAG-AFTRA President Fran Drescher will be on the picket lines Friday on the first day of the guild’s strike against the film and television industry. She’ll be joined by Duncan Crabtree-Ireland, the guild’s national executive director and chief negotiator, and members of the guild’s negotiating committee.

formally announcing an actors’ strike and officially putting Hollywood at a production standstill, SAG-AFTRA president Fran Drescher gave a rousing opening salvo of a speech that exclaimed that “the jig is up” for Hollywood studios’ continued abuses towards its labor workers. “You people are crazy — why are you doing this?” she said while recounting the weeks of negotiations that have left many in the union feeling “insulted.”“From the time negotiations began on June 7, SAG-AFTRA staff and the members of our negotiating committee have worked overtime devoting their evenings, weekends and holidays to achieving a deal that would ensure a sustainable future for the acting profession,” chief negotiator Duncan Crabtree-Ireland said before handing the mic to Drescher. “But despite our team’s efforts, the AMPTP has remained steadfast in its commitment to devaluing the work of our members.”The strike will begin late Thursday at midnight.Read Drescher’s fiery speech in full below.

actors who have chosen to strike along with the WGA.“During this critical and difficult time for our industry, the Directors Guild strongly supports the actors who will be on strike beginning tomorrow. We are proud to stand with actors and writers in their fight to win agreements that address their unique and important concerns, just as they supported us in our negotiations.

SAG-AFTRA President Fran Drescher will be doing a tour of Hollywood picket lines tomorrow morning, after her rousing speech saying they were victimized by the AMPTP, which she called a “very greedy entity” and that the studios were on the wrong side of history.

be joining Hollywood writers on the picket line beginning Friday, July 14.Negotiations between the Screen Actors Guild (SAG) and American Federation of Television and Radio Artists (AFTRA), which represent the majority of actors in film and television, and major Hollywood studios, who are being represented by the Alliance of Motion Picture and Television Producers (AMPTP), fell through after the Wednesday, July 12 deadline of 11:59 p.m. Pacific time passed without resolution.Actors will join writers on the picket line starting Friday morning. This will mark the first time the actors and writers will be striking at the same time since 1960.Fran Drescher, president of SAG-AFTRA, and Duncan Crabtree-Ireland, national executive director/chief negotiator, made the strike announcement at a Thursday press conference following a national board meeting to approve the work stoppage. Crabtree-Ireland said talks with the AMPTP left the union «with no choice» but to move forward with a strike.«It came with great sadness that we came to this crossroads.

SAG-AFTRA is officially on strike.

Cillian Murphy and Emily Blunt left the London premiere of Oppenheimer today (July 13) as a Hollywood actors’ strike was called.According to director Christopher Nolan, the actors left the premiere as the strike began (via BBC), after the event was brought forward by an hour so the cast could walk the red carpet.The national board of SAG-AFTRA (Screen Actors Guild–American Federation of Television and Radio Artists) – Hollywood’s largest union, which represents 160,000 actors and performers – voted unanimously today to strike, according to The Los Angeles Times.SAG-AFTRA was seeking better pay and working conditions in the age of streaming, while other negotiations related to safeguards against the unregulated use of artificial intelligence in the industry.Following a breakdown in negotiations between the Alliance of Motion Picture and Television Producers (AMPTP), SAG-AFTRA members were told to be prepared to strike as they awaited the outcome of today’s vote.The Hollywood shutdown is first time in 63 years that actors and writers have gone on strike simultaneously. Actors will reportedly be on the picket line from Friday (July 14).“What’s happening to us is happening across all fields of labor,” said SAG-AFTRA president Fran Drescher.

The actors strike is “probably” going to last a while, according to SAG-AFTRA leadership.

Rebecca Rubin Film and Media Reporter SAG-AFTRA, the union representing Hollywood actors, has officially joined the writers on strike against the film and TV companies, setting off the entertainment industry’s first industrywide shutdown in 63 years. Once the strike — which will start at midnight on Thursday, with picketing to begin on Friday morning — commences, the tens of thousands of film and television actors in SAG must cease all work covered by their union contract. Film and television productions will shut down, but the work stoppage has reverberations that extend beyond actors going to set. According to the guidelines, SAG-AFTRA members will not be able to attend premieres, do interviews for completed work, go to awards shows, attend film festivals or even promote projects on social media while the strike is in effect. They are also not allowed to attend conventions such as Comic-Con or 90s Con to promote any past or present work made under a SAG-AFTRA contract.

What felt inevitable is now official: Deadline reports that SAG-AFTRA‘s national board voted unanimously this morning to launch its first strike since 1980. The strike begins tomorrow, July 14 at one minute past midnight, with picketing to start in front of studios tomorrow.

Leaders of a Hollywood’s actors union voted Thursday to join screenwriters in the first joint strike in more than six decades, shutting down production across the entertainment industry after talks for a new contract with studios and streaming services broke down.Duncan Crabtree-Ireland, executive director of the Screen Actors Guild-American Federation of Television and Radio Artists, said at a news conference that the union leadership voted for the work stoppage hours after their contract expired and talks broke off with the Alliance of Motion Picture and Television Producers representing employers including Disney, Netflix, Amazon and others.“A strike is an instrument of last resort,” he said. Union leaders said at a news conference that they voted unanimously for a strike to begin at midnight.

The group represents Hollywood’s studios has responded to SAG-AFTRA’s strike call today.