Home » US business news • US Employment News » Writers union to resume talks with Hollywood Studios
https://www.whatjobs.com/news/usa/us-employment-news/writers-union-to-resume-talks-with-hollywood-studios
The Writers Guild of America will resume talks with Hollywood Studios this week to end the long-running strike.
The Hollywood strike has disrupted the TV and movie industry for 139 days since it started on May 2.
The WGA has called on its members to continue picketing while the talks resume, focusing on securing a fair deal for writers.
Read More: Hollywood Cuts 17,000 Jobs In August Amid Ongoing Strikes
The strike has seen dual actions by both writers and actors.
It has led to the suspension of production for popular shows and films, including "Stranger Things," "Blade," "Severance," and "Evil."
Production companies have also suffered significant financial losses.
Warner Bros. Discovery warned of an earnings impact ranging from $300 million to $500 million due to the strikes.
Notably, visual effects workers from Marvel Studios voted unanimously to join the International Alliance of Theatrical Stage Employees union.
Read More: Hollywood Studios Disclose New Offer To Writers To End Labor Standoff
It marks a historic move in their pursuit of negotiations with Marvel, a subsidiary of Disney, to establish a contract.
Actors Drew Barrymore and Bill Maher faced criticism for announcing the return of their talk shows amid the WGA strike.
But later, they reversed their decisions following a public backlash.
The WGA represents 11,500 screenwriters in film and television.
The union advocates for better compensation, residuals for streaming and theatrical releases, and increased pension plan and health fund contributions.
Need Career Advice? Get employment skills advice at all levels of your career
It also seeks to regulate material produced using artificial intelligence (AI) by the Alliance of Motion Picture and Television Producers (AMPTP).
Meanwhile, the Screen Actors Guild and American Federation of Television and Radio Artists (SAG-AFTRA) have not indicated a return to the negotiation table.
SAG-AFTRA initiated their strike on July 14.
The union comprises around 160,000 media professionals.
It has granted certain independent US-based projects permission to resume production under an interim agreement.
Their willingness to negotiate with the AMPTP may depend on the outcome of the ongoing discussions between the WGA and the studios.
Follow us on YouTube, Twitter, LinkedIn, and Facebook.
