Current:Home > Finance'We're just at a breaking point': Hollywood writers vote to authorize strike -MoneyTrend
'We're just at a breaking point': Hollywood writers vote to authorize strike
View
Date:2025-04-17 21:52:01
Hollywood writers have voted to authorize a strike if their talks with The Alliance of Motion Picture and Television Producers don't end in a new three-year contract. The current contract expires just before midnight on May 1. The Writers Guild of America has been at the table with the studios, negotiating over how much they're compensated for working on films, TV shows and streaming series.
"We are the people who create the stuff that the world watches. And yet we're treated as if we are virtually valueless," says the WGA's chief negotiator, Chris Keyser. "Sustaining a writing career has become almost untenable for a large percentage of our members. We're just at a breaking point."
The WGA is demanding, among other things, an increase in minimum pay, more residual payments from streaming, as well as increased contributions to its health and pension plans.
The strike authorization is seen by both sides as a negotiating tactic.
"A strike authorization vote has always been part of the WGA's plan, announced before the parties even exchanged proposals," the AMPTP said in a statement. "Our goal is, and continues to be, to reach a fair and reasonable agreement."
The last time the union asked members to authorize a work stoppage, in 2017, the two sides successfully negotiated a new contract before the deadline. But in 2007, the writers did go on strike for 100 days, asking to be paid more for their work on movies or shows that were sold as DVDs and internet downloads. Hollywood productions shut down, and the local economy lost an estimated $2.1 billion. The effect on viewers was felt immediately on late night TV shows and other daily productions.
Since then, the film and TV industry has changed. For example, television writers used to be assigned to shows that lasted perhaps 22 episodes each season. Now, seasons on TV and digital platforms may be just eight to 10 episodes long.
Keyser says it's tough for writers in a gig economy. "One out of every four people who runs the television shows that everyone's obsessed with make the lowest amount of money the contract allows," he says. "On top of it, the residuals are insufficient. I've been in meetings the last few weeks where writers talked about the fact that while they're writing the television shows that you and everyone watch, they had to take second jobs in order to make ends meet."
At the same time, companies such as Disney, Warner Bros. Discovery, Amazon and Netflix says with profit losses, they've had to lay off thousands of studio employees.
veryGood! (3)
Related
- Skins Game to make return to Thanksgiving week with a modern look
- An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York
- Former Virginia hospital medical director acquitted of sexually abusing ex-patients
- Dozens of deaths reveal risks of injecting sedatives into people restrained by police
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Most drivers will pay $15 to enter busiest part of Manhattan starting June 30
- Jerry Seinfeld’s commitment to the bit
- Panthers owner David Tepper pays visit to bar with sign teasing his NFL draft strategy
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Woman pleads guilty to being accessory in fatal freeway shooting of 6-year-old boy
Ranking
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- A New Federal Tool Could Help Cities Prepare for Scorching Summer Heat
- Businesses hindered by Baltimore bridge collapse should receive damages, court filing argues
- Fed’s preferred inflation gauge shows price pressures stayed elevated last month
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- What to watch and read this weekend from Zendaya's 'Challengers' movie to new Emily Henry
- Worried about a 2025 COLA? This is the smallest cost-of-living adjustment Social Security ever paid.
- 10-Year-Old Boy Calls 911 to Report Quadruple Murder-Suicide of His Entire Family
Recommendation
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
NFL draft grades: Every team's pick in 2024 first round broken down
Arbor Day: How a Nebraska editor and Richard Nixon, separated by a century, gave trees a day
Minneapolis approves $150K settlement for witness to George Floyd’s murder
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Planning for potential presidential transition underway as Biden administration kicks it off
Worried about a 2025 COLA? This is the smallest cost-of-living adjustment Social Security ever paid.
Man killed while fleeing Indiana police had previously resisted law enforcement