Barry Diller Urges Pay Cuts and Settlements by Sept. 1 to Prevent Hollywood Collapse
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Barry Diller, chairman of IAC and Expedia Group, suggests that top executives and highly-paid actors should take a 25% pay cut to address the salary gap between them and lower-paid workers. Diller also emphasizes the need to settle the ongoing strikes by the Writers Guild of America and SAG-AFTRA by September 1 to prevent devastating effects on the industry. He dismisses concerns about AI replacing actors and writers, stating that it is being overly hyped. Additionally, Diller plans to sue to protect copyrighted material from generative AI.
- Barry Diller Says Executives and Top-Paid Actors Should Take a 25% Pay Cut, Warns of Industry Collapse If Strikes Not Settled by Sept. 1 Hollywood Reporter
- Former Hollywood executive warns of ‘absolute collapse’ if SAG and WGA deal not met by September Fox Business
- Media mogul Barry Diller says Hollywood execs, top actors should take 25% pay cut to end strikes Face the Nation
- Prolonged Hollywood strikes could lead to 'an absolute collapse of an entire industry,' says IAC Chair Diller CNBC
- Barry Diller Says Strikes Settlements Needed By Sept. 1, Says Execs And Stars Should Take 25 Percent Pay Cuts Deadline
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