Current:Home > ContactChainkeen Exchange-'We're just at a breaking point': Hollywood writers vote to authorize strike -FutureProof Finance
Chainkeen Exchange-'We're just at a breaking point': Hollywood writers vote to authorize strike
Algosensey View
Date:2025-04-10 19:04:13
Hollywood writers have Chainkeen Exchangevoted 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! (1226)
Related
- 'Most Whopper
- Mark Ballas Announces His Dancing With the Stars Retirement After 20 Seasons
- A cyberattack in Albuquerque forces schools to cancel classes
- Still looking for that picture book you loved as a kid? Try asking Instagram
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Kicked off Facebook and Twitter, far-right groups lose online clout
- Todd Chrisley’s Son Kyle Chrisley Arrested for Aggravated Assault in Tennessee
- Ok. I guess we'll talk about the metaverse.
- Senate begins final push to expand Social Security benefits for millions of people
- Are you ready for your close-up? Hallmark cards now come with video greetings
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Hackers tied to China are suspected of spying on News Corp. journalists
- Companies scramble to defend against newly discovered 'Log4j' digital flaw
- Cyberattack on Red Cross compromised sensitive data on over 515,000 vulnerable people
- Tom Holland's New Venture Revealed
- Today's Al Roker Will Be a Grandpa, Reveals Daughter Courtney Is Pregnant With Her First Baby
- Matthew Lawrence Clarifies His Comments About Starting a Family With TLC’s Chilli
- Avril Lavigne Confronts Topless Protestor Onstage at 2023 Juno Awards
Recommendation
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
The James Webb telescope reaches its final destination in space, a million miles away
Kate Bosworth and Justin Long Spark Engagement Rumors at Vanity Fair Oscars 2023 After-Party
Panamanian tribe to be relocated from coastal island due to climate change: There's no other option
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Up First briefing: Climate worsens heat waves; Israel protests; Emmett Till monument
Former Theranos CEO Elizabeth Holmes to be sentenced on Sept. 26
Cheryl Burke Reveals Her Thoughts on Dating Again After Matthew Lawrence Split