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The big studios can terminate production deals with writers through force majeure clauses after 90 days (of non-delivery), thus saving the studios millions of dollars. [43] [44] In addition, numerous other areas within the global entertainment ecosystem were impacted by the strike action. [45] Examples include the VFX industry [46] and prop ...
A Hollywood strike of nearly five months appears about to end as a tentative deal has been reached between unionized screenwriters and the studios, streaming services and production companies that ...
The AMPTP represents the studios in labor relations. The proposed contract now goes to the guild's membership for ratification. Read more: Hollywood unions are facing an uphill battle against ...
IATSE, the union advocating for Hollywood crew members, and the AMPTP, which represents the top studios, have reached a tentative agreement on a new three-year contract.
The lack of ongoing film and television productions resulted in some studios having to close doors or reduce staff. [7] [8] [9] The strike also jeopardized long-term contracts created during the media streaming boom: big studios could terminate production deals with writers through force majeure clauses after 90 days, saving them millions of ...
The smaller Hollywood studios—known collectively as Poverty Row—did not have the big pictures with A-list stars that would have allowed them to compel theater owners to directly block book. Instead, they mostly sold exclusive regional distribution rights to so-called states' rights firms.
After 118 days of strike action, the Screen Actors Guild – American Federation of Television and Radio Artists (SAG-AFTRA) reached a tentative agreement with Hollywood studios after protesting ...
Striking Hollywood actors were set to meet with studios on Monday as the two sides restart negotiations on the heels of an epic conclusion to the writers strike last week.. SAG-AFTRA — the union ...