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AmextaFinance > Investing > Hollywood studios and striking writers expected to resume talks on Friday: report
Investing

Hollywood studios and striking writers expected to resume talks on Friday: report

News Room
Last updated: 2023/09/22 at 5:44 PM
By News Room
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Hollywood studios and striking screenwriters are expected to resume talks held for the last two days on Fridaym amid rising hopes for an end to the nearly five-month dispute that has brought many film and television productions to a halt, the Hollywood Reporter reported. On Thursday, the Writers Guild of America and the Alliance of Motion Picture and Television Producers, which represents the industry’s studios, streaming services and production companies, negotiated for a second full day at the latter organization’s headquarters in Los Angeles. The talks covered issues relating to artificial intelligence and residual compensation tied to the success of individual streaming projects. The Hollywood Reporter said that while some progress was noted by its sources, AI remained a sticking point for both parties. Four main leaders, Disney’s
DIS,
-1.79%
Bob Iger, Universal’s Donna Langley, Netflix’s
NFLX,
-1.13%
Ted Sarandos and Warner Bros. Discovery’s
WBD,
-3.56%
David Zaslav — took part in the bargaining session on Thursday, as they did on Wednesday. The WGA strike is nearing record length. Should it continue through Sept. 30, it will be the longest in the union’s history and the longest Hollywood strike since 1945.

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News Room September 22, 2023 September 22, 2023
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