The Prague Post - Hopes rise for end to Hollywood writers' strike as talks extend

EUR -
AED 4.257975
AFN 77.354321
ALL 96.552798
AMD 441.755743
ANG 2.075835
AOA 1063.189333
ARS 1648.110909
AUD 1.777041
AWG 2.086959
AZN 1.981738
BAM 1.951645
BBD 2.325328
BDT 140.630614
BGN 1.95337
BHD 0.437059
BIF 3433.361162
BMD 1.159422
BND 1.499295
BOB 7.996975
BRL 6.427136
BSD 1.154483
BTN 102.385034
BWP 16.392889
BYN 3.928955
BYR 22724.665837
BZD 2.321936
CAD 1.623213
CDF 2753.626631
CHF 0.931352
CLF 0.028004
CLP 1098.587022
CNY 8.248996
CNH 8.278434
COP 4491.57658
CRC 580.556552
CUC 1.159422
CUP 30.724676
CVE 110.030757
CZK 24.333933
DJF 205.586228
DKK 7.467727
DOP 72.814045
DZD 150.889465
EGP 55.310201
ERN 17.391326
ETB 170.225208
FJD 2.635134
FKP 0.866557
GBP 0.869555
GEL 3.141933
GGP 0.866557
GHS 14.145885
GIP 0.866557
GMD 83.47836
GNF 10015.657447
GTQ 8.848087
GYD 241.595745
HKD 9.018173
HNL 30.324053
HRK 7.542738
HTG 151.267309
HUF 392.323822
IDR 19219.663295
ILS 3.802254
IMP 0.866557
INR 102.757233
IQD 1512.758205
IRR 48768.178092
ISK 141.704654
JEP 0.866557
JMD 185.69234
JOD 0.821969
JPY 176.629294
KES 149.739372
KGS 101.391749
KHR 4648.09083
KMF 492.754149
KPW 1043.472389
KRW 1655.630013
KWD 0.355815
KYD 0.962339
KZT 621.588471
LAK 25052.246143
LBP 103384.138451
LKR 349.47147
LRD 210.751334
LSL 19.907462
LTL 3.423471
LVL 0.701323
LYD 6.279224
MAD 10.581872
MDL 19.649693
MGA 5188.886316
MKD 61.676428
MMK 2434.492259
MNT 4168.07497
MOP 9.256275
MRU 46.294845
MUR 52.521809
MVR 17.750754
MWK 2002.513169
MXN 21.419858
MYR 4.899682
MZN 74.08704
NAD 19.907462
NGN 1695.642475
NIO 42.499341
NOK 11.673463
NPR 163.814195
NZD 2.02166
OMR 0.445797
PAB 1.159422
PEN 3.960352
PGK 4.922457
PHP 67.493122
PKR 327.036996
PLN 4.261597
PYG 8100.896435
QAR 4.220478
RON 5.093686
RSD 117.212923
RUB 93.568115
RWF 1675.512686
SAR 4.348222
SBD 9.542669
SCR 17.154385
SDG 697.396962
SEK 11.033115
SGD 1.50529
SHP 0.911123
SLE 26.896162
SLL 24312.48121
SOS 659.9864
SRD 45.139748
STD 23997.688873
STN 24.447637
SVC 10.104402
SYP 15074.72381
SZL 19.899379
THB 37.716279
TJS 10.687447
TMT 4.057976
TND 3.400431
TOP 2.791609
TRY 48.467086
TTD 7.845197
TWD 35.565843
TZS 2841.920029
UAH 48.08701
UGX 3958.583311
USD 1.159422
UYU 46.458358
UZS 14000.120945
VES 223.835611
VND 30543.248851
VUV 141.233675
WST 3.225053
XAF 656.436722
XAG 0.022521
XAU 0.000284
XCD 3.133395
XCG 2.081142
XDR 0.814057
XOF 656.436722
XPF 119.331742
YER 277.043741
ZAR 20.060964
ZMK 10436.18327
ZMW 26.120536
ZWL 373.333323
  • RBGPF

    0.0000

    75.55

    0%

  • RIO

    -1.5600

    65.44

    -2.38%

  • SCS

    -0.2400

    16.29

    -1.47%

  • RELX

    -0.3300

    44.82

    -0.74%

  • CMSC

    -0.0500

    23.64

    -0.21%

  • CMSD

    -0.1300

    24.14

    -0.54%

  • BCC

    -1.5700

    72.32

    -2.17%

  • RYCEF

    -0.1900

    15.16

    -1.25%

  • NGG

    1.1900

    74.52

    +1.6%

  • BCE

    0.4600

    23.9

    +1.92%

  • GSK

    0.1000

    43.54

    +0.23%

  • VOD

    0.0200

    11.3

    +0.18%

  • JRI

    -0.2400

    13.77

    -1.74%

  • AZN

    -0.5100

    84.53

    -0.6%

  • BTI

    0.1800

    51.54

    +0.35%

  • BP

    -0.8000

    33.49

    -2.39%

Hopes rise for end to Hollywood writers' strike as talks extend
Hopes rise for end to Hollywood writers' strike as talks extend / Photo: Frederic J. BROWN - AFP/File

Hopes rise for end to Hollywood writers' strike as talks extend

Hollywood writers and studios were due to meet for a third consecutive day of high-level talks Friday, raising the industry's hopes that an end to the costly 144-day Writers Guild of America strike could finally be near.

Text size:

Thousands of film and television scribes downed their pens back in early May over demands including better pay for writers, greater rewards for creating hit shows, and protection from artificial intelligence.

They have manned picket lines for months outside offices including Netflix and Disney and -- having been joined by striking actors in mid-July -- bringing the entertainment industry to a highly expensive standstill.

After a lengthy negotiating session Thursday, the WGA wrote to members that talks would continue again the next day, and urged "as many of you as possible to come out to the picket lines" Friday, where the usual protest hours were extended into the early afternoon.

The heads of Netflix, Disney, Universal and Warner Bros Discovery have personally attended this week's talks, and were expected to return Friday for a third day, according to Deadline.

Analysts say that unusual step could indicate that a deal is close -- or simply a renewed sense of urgency to end a walkout that is preventing work from resuming on a wide array of film and TV projects, leaving studios and networks with vast looming gaps in their release schedules.

Among their demands, writers say their salaries have not kept up with inflation, and that the rise of streaming has diminished the "residuals" they earn when a show they work on becomes a smash hit.

Studios have offered greater transparency in streaming audience numbers, while stopping short of offering to revise the way residual payments are calculated.

Writers have also demanded curbs on the use of AI, which they fear could be used to partially replace them in generating future films or show scripts, and therefore further undercut their pay.

This remains a key sticking point between the two sides, according to reports in Hollywood trade publications this week.

At 144 days and counting, the WGA strike is already significantly longer than the writers' 2007-08 walkout -- which lasted 100 days and cost the California economy $2.1 billion.

The Financial Times reported Milken Institute research at the start of September that put the cost of the current Hollywood standstill at $5 billion.

It is approaching the union's longest-ever industrial action, which lasted for 154 days in 1988.

Even if the writers agree to a new deal, the actors' strike would continue.

There have been no known contract talks between the studios and the actors' 160,000-strong SAG-AFTRA guild since that strike began.

But the two unions share many similar demands, and insiders say that a WGA deal could help to pave the way for a resolution to the actors' strike.

B.Svoboda--TPP