Berliner Boersenzeitung - Hollywood CEOs, striking writers at impasse after new talks

EUR -
AED 4.229626
AFN 72.557604
ALL 96.200283
AMD 434.304194
ANG 2.061644
AOA 1056.111273
ARS 1608.366971
AUD 1.624462
AWG 2.075944
AZN 1.961012
BAM 1.959872
BBD 2.316914
BDT 141.153259
BGN 1.968616
BHD 0.434975
BIF 3415.570318
BMD 1.151703
BND 1.471489
BOB 7.977574
BRL 6.023521
BSD 1.150395
BTN 106.10737
BWP 15.685657
BYN 3.42682
BYR 22573.37436
BZD 2.313607
CAD 1.577706
CDF 2608.606438
CHF 0.906401
CLF 0.026516
CLP 1047.036065
CNY 8.011532
CNH 7.927786
COP 4266.390788
CRC 540.339027
CUC 1.151703
CUP 30.520123
CVE 110.495044
CZK 24.447537
DJF 204.846478
DKK 7.472351
DOP 70.218019
DZD 152.293142
EGP 60.314344
ERN 17.275542
ETB 181.205966
FJD 2.548085
FKP 0.865883
GBP 0.864249
GEL 3.132339
GGP 0.865883
GHS 12.521068
GIP 0.865883
GMD 84.64982
GNF 10085.259587
GTQ 8.817357
GYD 240.800286
HKD 9.024915
HNL 30.45433
HRK 7.536975
HTG 150.776526
HUF 390.904627
IDR 19546.066035
ILS 3.578709
IMP 0.865883
INR 106.404091
IQD 1506.930794
IRR 1521456.949262
ISK 143.444364
JEP 0.865883
JMD 180.956741
JOD 0.816554
JPY 183.182895
KES 149.25565
KGS 100.716474
KHR 4612.683422
KMF 494.080561
KPW 1036.583062
KRW 1717.137006
KWD 0.353285
KYD 0.958592
KZT 555.504113
LAK 24686.288142
LBP 103012.919266
LKR 358.214225
LRD 210.506434
LSL 19.352807
LTL 3.400679
LVL 0.696653
LYD 7.373351
MAD 10.807353
MDL 20.015584
MGA 4788.970338
MKD 61.646389
MMK 2418.752297
MNT 4116.758787
MOP 9.277475
MRU 45.865285
MUR 53.692156
MVR 17.805285
MWK 1994.352117
MXN 20.347536
MYR 4.512364
MZN 73.59289
NAD 19.352807
NGN 1574.711229
NIO 42.33015
NOK 11.076035
NPR 169.776624
NZD 1.970322
OMR 0.442828
PAB 1.15039
PEN 3.97095
PGK 4.960413
PHP 68.687266
PKR 321.348828
PLN 4.260298
PYG 7466.7073
QAR 4.204854
RON 5.092139
RSD 117.408061
RUB 94.300137
RWF 1678.895356
SAR 4.324546
SBD 9.273119
SCR 15.398642
SDG 692.173095
SEK 10.712771
SGD 1.471444
SHP 0.864075
SLE 28.332368
SLL 24150.643776
SOS 656.266306
SRD 43.271205
STD 23837.922132
STN 24.551755
SVC 10.065913
SYP 127.696075
SZL 19.338261
THB 37.263379
TJS 11.043195
TMT 4.036718
TND 3.397774
TOP 2.773023
TRY 50.912745
TTD 7.801208
TWD 36.762926
TZS 3005.944222
UAH 50.714084
UGX 4343.023049
USD 1.151703
UYU 46.76696
UZS 13908.897074
VES 513.943044
VND 30289.782943
VUV 137.728848
WST 3.172031
XAF 657.325511
XAG 0.014343
XAU 0.00023
XCD 3.112535
XCG 2.073207
XDR 0.817502
XOF 657.325511
XPF 119.331742
YER 274.684228
ZAR 19.245057
ZMK 10366.706959
ZMW 22.402543
ZWL 370.847823
  • RBGPF

    0.1000

    82.5

    +0.12%

  • RYCEF

    0.3800

    16.78

    +2.26%

  • RELX

    0.1700

    34.64

    +0.49%

  • NGG

    0.4150

    91.305

    +0.45%

  • BTI

    0.1100

    61.05

    +0.18%

  • CMSC

    0.0710

    23.061

    +0.31%

  • GSK

    0.1800

    53.95

    +0.33%

  • BCE

    0.3610

    26.261

    +1.37%

  • AZN

    1.0500

    193.06

    +0.54%

  • VOD

    0.1900

    14.79

    +1.28%

  • BCC

    1.3900

    73.11

    +1.9%

  • RIO

    1.1300

    90.99

    +1.24%

  • BP

    1.2800

    44.18

    +2.9%

  • CMSD

    0.0350

    22.985

    +0.15%

  • JRI

    0.0500

    12.59

    +0.4%

Hollywood CEOs, striking writers at impasse after new talks
Hollywood CEOs, striking writers at impasse after new talks / Photo: ANGELA WEISS - AFP

Hollywood CEOs, striking writers at impasse after new talks

The latest meeting between Hollywood's striking screenwriters and top executives from Disney, Universal, Warner Bros. and Netflix ended in an impasse, the writers' union has said.

Text size:

After more than three months of silence from studios since the strike kicked off in May, negotiations with the Writers Guild of America resumed earlier this month.

But talks remain deadlocked after an offer from studios to raise wages, improve work conditions and curb -- to an extent -- the use of artificial intelligence was rebuffed in the meeting late Tuesday.

"We were met with a lecture about how good their single and only counteroffer was," the WGA negotiating committee said in a statement about the talks.

"This wasn't a meeting to make a deal. This was a meeting to get us to cave," the committee said in a statement.

The writers' strike, which since mid-July has been accompanied by an actors' strike, has brought much of the film and television industry to a standstill, costing Hollywood millions of dollars a day.

The presence at Tuesday's meeting of top CEOs including Disney's Bob Iger and Netflix's Ted Sarandos, along with Donna Langley, chairman of Universal and Warner Bros.'s David Zaslav, wasn't enough to make a deal happen.

"We have come to the table with an offer that meets the priority concerns the writers have expressed," said Carol Lombardini, president of the Alliance of Motion Picture and Television Producers.

Lombardini said that the studios and streaming platforms proposed a reasonable offer, including a 13 percent increase in the minimum wage for writers over three years.

They also promised to share with the WGA the number of hours shows are being watched on streaming platforms -- figures that are currently confidential.

Studios have said they will be more transparent on streaming's audience numbers, but are not making a concrete offer to revise residual payments.

As streaming has become more popular, residuals for shows on those platforms have lagged behind traditional television residuals -- a key sticking point in negotiations.

The offer on AI consisted of allowing writers to rework scripts originally created by AI, while being credited as the sole author -- and thus eligible to be paid as such.

But studios have remained silent on the possibility of training AI on existing scripts -- a red line for the WGA.

The WGA countered that the studios' offer contained "limitations and loopholes and omissions" that "failed to sufficiently protect writers from the existential threats that caused us to strike in the first place."

"We will see you all out on the picket lines and let the companies continue to see what labor power looks like," the writers said.

(B.Hartmann--BBZ)