-
Swedish Social Democrats leader to make new bid to form government
-
Pilot in flydubai attack says could not let 'all those people die'
-
North Korea calls Seoul 'despicable' after DMZ apology demand
-
Eurozone inflation hits three-year high at 3.8% in September
-
Taiwan boxer Lin wins gold as virtual taekwondo makes Games debut
-
Ancelotti says Brazil 'respects' India ahead of showdown
-
Man City face appeal deadline after explosive financial verdict
-
North Korean leader's sister calls Seoul 'despicable' after DMZ apology demand
-
Pole vault superstar Duplantis to skip indoor season
-
Germany's crisis-hit rail operator looks to AI future
-
Sri Lanka drop Asalanka from T20 against Pakistan
-
Leclerc tops second practice ahead of Hadjar
-
Disney president says layoffs 'extremely painful' but necessary
-
Macron urges G7 coordination as US presses Europe on diesel stocks
-
Indian flydubai pilot opened cockpit door to save passengers
-
Hundreds of French high schools shut as new violence erupts
-
Alex Marquez clocks record lap at MotoGP Japan practice
-
Eala-conqueror Wang wins Asian Games tennis gold and Olympic berth
-
Tom Kim leads Asian Games golf in chase to avoid military service
-
'Kinda cool' Raygun made breakdancing famous, Asian Games B-girls say
-
Asian stocks hit as oil spike fans rate hike bets, eyes on US jobs
-
Taiwan gender-row boxer Lin Yu-ting wins 'monumental' Asian Games gold
-
'We're losing our scientists': west Africa's STEM struggle
-
Taiwan receives its first US-made F-16V fighter jets
-
World powers gather in Pacific to chart climate battle
-
Lula, Bolsonaro trade scandal fire in final scramble for votes
-
Return of swarming moth spectacle has Australia in a flutter
-
Not-so-brave new world: virtual taekwondo makes Asian Games debut
-
Browns snuff out Rodgers fightback to beat Steelers 27-24
-
Arab Israeli candidate drops out of election race
-
Braves power past Phillies to set up Dodgers showdown
-
Israel courts Europe's far right, finding friends but also unease
-
Asian stocks drop as oil spike fans rate hike bets, eyes on US jobs
-
Lula, Bolsonaro both snub final debate before Brazil election
-
Viral anti-vax posts weaponise Philippine inoculation fears
-
Nepal's grim DNA puzzle to identify flood dead
-
Saudi coalition accuses Houthis of drone attack on Medina
-
EU nations to hold emergency meeting on soaring diesel prices amid US pressure
-
Effective Altruism: the philosophy behind Silicon Valley's AI fears
-
Anthropic's Dario Amodei: AI's most visible CEO and enigma
-
Chinese judoka accused of biting as home hope wins Asian Games gold
-
OpenAI says three staffers fired for mishandling 'sensitive' info
-
Four-member crew docks at International Space Station
-
Beyond Coding: Black Book Expands 2027 Mid-Revenue Cycle Categories Ahead of AHIMA26
-
Gabriel Resources Announces US$3.4 Million Private Placement
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - October 02
-
Nike plans job cuts as it forecasts lower sales
-
Portugal win without Ronaldo as Klopp's Germany get first victory
-
Ireland game interrupted twice by Gaza protests
-
Wemby: 'Very sad' to see players endorse betting firms
Hollywood writers to strike as studio talks collapse
Thousands of Hollywood television and movie writers will go on strike Tuesday, their union said, after talks with studios and streamers over pay and other conditions ended without a deal.
The strike means late-night shows could immediately grind to a halt, and television series and movies scheduled for release later this year and beyond may face major delays.
Writers Guild of America (WGA) board members "acting upon the authority granted to them by their memberships, have voted unanimously to call a strike," the organization tweeted.
Studios' responses to its demands had been "wholly insufficient given the existential crisis writers are facing," the writers' union said.
It came after the Alliance of Motion Picture and Television Producers (AMPTP), representing studios including Disney and Netflix, said in a statement that negotiations "concluded without an agreement."
The last time Hollywood writers laid down their pens and keyboards, in 2007, the strike lasted for 100 days, costing the Los Angeles entertainment industry around $2 billion.
This time, the two sides are clashing as writers demand higher pay and a greater share of profits from the boom in streaming, while studios say they must cut costs due to economic pressures.
The WGA accused studios of seeking to create a "gig economy," in which writing would be "an entirely freelance profession."
The AMPTP said it had offered a "comprehensive package proposal" including higher pay for writers.
But it was unwilling to improve that offer further "because of the magnitude of other proposals still on the table that the Guild continues to insist upon."
- Streaming 'residuals' -
Writers say it is becoming impossible to earn a living, as salaries have flatlined or declined after inflation, even as employers reap profits and fatten executives' paychecks.
More writers than ever are working at the union-mandated minimum wage, while shows hire fewer people to script ever-shorter series.
The AMPTP statement said WGA demands for "mandatory staffing" that would require studios to hire a set number of writers "for a specified period of time, whether needed or not" was a major sticking point.
Another key issue on the table is reworking the formula that calculates how writers are paid for streaming shows, which often remain on platforms like Netflix years after they were written.
For decades, writers have been paid "residuals" from each reuse of their material, such as television reruns or DVD sales.
With streaming, writers simply get a fixed annual payout -- even if their work generates a smash hit like "Bridgerton" or "Stranger Things," streamed by hundreds of millions of viewers around the world.
"These amounts remain far too low for the global reuse of WGA-covered programming on these massive services," says the guild.
The negotiations will "determine how we are financially compensated by streamers," not just now but well into the future, one Los Angeles-based TV writer told AFP.
The WGA also wants to address the future impact of artificial intelligence on writing.
- 'Challenged' -
The AMPTP says that overall residuals paid to writers hit an all-time high of $494 million in 2021.
That was up by almost half, from $333 million, a decade earlier, largely thanks to the boom in writing jobs driven by the explosion of streaming content.
They also dispute suggestions that studios are falsely claiming economic hardship to bolster their negotiation position.
After the spendthrift past few years, when rival streamers chased subscriber growth at any cost, bosses are now under intense pressure from investors to curb spending and deliver profits.
"Do you think that Disney would be laying 7,000 people off for fun?" said a source familiar with the AMPTP's position.
"There's only one [streaming] platform that's profitable right now, and that's Netflix. The movie industry... that's a pretty challenged segment as well."
- 'Nerve wracking' -
In a possible olive branch, the studios' statement said they remained "willing to engage in discussions with the WGA in an effort to break this logjam."
But the industry fears a ripple effect.
Several other Hollywood unions have voiced solidarity with writers, including the actors' SAG-AFTRA, and the directors' DGA. Both will hold their own talks with studios this summer.
Stars at New York's Met Gala on Monday night expressed support for writers.
"Everything changed with streaming, and everybody needs to be compensated for their work," actress Amanda Seyfried told Variety.
"It's... easy! I don't get it. Whatever. Fingers crossed."
F.Bennett--AMWN