Current:Home > Markets'We're just at a breaking point': Hollywood writers vote to authorize strike -Wealth Legacy Solutions
'We're just at a breaking point': Hollywood writers vote to authorize strike
NovaQuant View
Date:2025-03-11 07:31:45
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! (9)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Proof Ariana Madix & New Man Daniel Wai Are Going Strong After Explosive Vanderpump Rules Reunion
- As Congress Launches Month of Climate Hearings, GOP Bashes Green New Deal
- Trump Budget Calls for Slashing Clean Energy Spending, Again
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- New Wind and Solar Power Is Cheaper Than Existing Coal in Much of the U.S., Analysis Finds
- Kate Spade's Limited-Time Clearance Sale Has Chic Summer Bags, Wallets, Jewelry & More
- TikToker Allison Kuch Is Pregnant, Expecting First Baby With NFL Star Isaac Rochell
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Climate Change Will Leave Many Pacific Islands Uninhabitable by Mid-Century, Study Says
Ranking
- Current, future North Carolina governor’s challenge of power
- Judge limits Biden administration's contact with social media companies
- Climate Change Ravaged the West With Heat and Drought Last Year; Many Fear 2021 Will Be Worse
- Pills laced with fentanyl killed Leandro De Niro-Rodriguez, Robert De Niro's grandson, mother says
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- After brief pause, Federal Reserve looks poised to raise interest rates again
- Many Scientists Now Say Global Warming Could Stop Relatively Quickly After Emissions Go to Zero
- This Review of Kim Kardashian in American Horror Story Isn't the Least Interesting to Read
Recommendation
Intel's stock did something it hasn't done since 2022
Pentagon to tighten oversight of handling classified information in wake of leaks
Lupita Nyong'o Brings Fierceness to Tony Awards 2023 With Breastplate Molded From Her Body
Kate Spade's Limited-Time Clearance Sale Has Chic Summer Bags, Wallets, Jewelry & More
Highlights from Trump’s interview with Time magazine
7-year-old boy among 5 dead in South Carolina plane crash
Margot Robbie Reveals What Really Went Down at Barbie Cast Sleepover
Summer job market proving strong for teens