LOS ANGELES : Hollywood film and TV writers voted overwhelmingly in favor of giving union negotiators the power to call a strike if contract talks with studios break down, the Writers Guild of America said on Monday.The WGA, in a statement on Twitter, said 97.85 per cent of members who voted cast ballots
LOS ANGELES : Hollywood film and TV writers voted overwhelmingly in favor of giving union negotiators the power to call a strike if contract talks with studios break down, the Writers Guild of America said on Monday.
Writers say they have suffered during the streaming TV boom, in part due to shorter seasons and smaller residuals, and are seeking pay increases from Netflix Inc, Walt Disney Co and other studios. Studios do not want another disruption after COVID-19 shut down production worldwide for months. But sources close to the studios say budgets are tight at a time when Wall Street wants to see profits from multi-billion dollar streaming investments that are draining balance sheets.
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