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Hollywood Actors Strike

All articles tagged with #hollywood actors strike

finance2 years ago

Stocks Slide and Bond Yields Jump, Impacting Market Movement

The stock market slid as bond yields jumped following a disappointing Treasury auction and a hawkish-toned speech on inflation by Fed Chair Jerome Powell. The S&P 500, Dow Jones, and Nasdaq Composite all fell, ending the S&P 500's eight-day winning streak. Yields spiked after the auction, with the 10-year Treasury yield reaching 4.62%. Meanwhile, corporate earnings reports and a tentative deal between Hollywood studios and striking actors influenced individual stock movements. In commodities, oil prices rebounded after hitting a three-month low. The market's reaction to bond yields remains a key factor in stock performance.

via Yahoo Finance|
#bond-yields#earnings-season#federal-reserve
business2 years ago

"Key insights to prepare for the stock market's opening"

The S&P 500 and Nasdaq Composite continue their winning streaks, while the Dow falls; Disney's fourth-quarter earnings beat expectations, but revenue falls short due to declining ad revenue; the Hollywood actors' strike comes to an end with a preliminary labor agreement in place; Arm's first earnings report since going public shows strong sales but falls short of revenue expectations; five Republicans participate in the third GOP presidential debate, with former President Donald Trump opting to skip.

via CNBC|
#arm#business#disney
business2 years ago

Stock Market Update: Fed Speakers and Market Rally Drive Optimism

1. The Nasdaq, S&P 500, and Dow continue their positive streaks as investors await key earnings reports and updates from Fed Chair Jerome Powell. 2. WeWork files for bankruptcy, adding to its rapid downfall and leaving commercial real estate landlords in a tough spot. 3. The Hollywood actors' strike persists as studios' latest offer falls short, with artificial intelligence protections being a major sticking point. Negotiations are set to resume. 4. Nintendo benefits from the success of "The Super Mario Bros." movie, boosting sales of its Mario franchise. 5. The potential merger between the PGA Tour and LIV Golf faces uncertainty, with Fenway Sports Group, owner of the Boston Red Sox and Liverpool FC, rumored to be a potential investor.

via CNBC|
#business#hollywood-actors-strike#nintendo
entertainment2 years ago

Hollywood Strikes: Impact on Christmas TV, Movie Releases, and Job Market

The ongoing Hollywood actors' strike, which began in July, may result in next year's movie releases being pushed back to 2025. Talks between actors and studios broke down last week, and there are concerns that the 2023 Christmas TV season and 2024 movie releases could be affected due to halted projects. The studios walked away from negotiations, citing an unbridgeable gap in the proposed $800 million per year SAG-AFTRA deal. The actors' union claims that the studios are refusing to protect performers from being replaced by AI, increase wages to keep up with inflation, and share revenue generated by actors' work. The strike continues, with no resolution in sight.

via Daily Mail|
#christmas-television#entertainment#hollywood-actors-strike
business2 years ago

Netflix to Raise Prices Following Actors' Strike, Reports Say

Netflix is planning to raise the price of its ad-free service after the Hollywood actors' strike ends, starting with the United States and Canada. The exact amount and timing of the price increase are not yet known. Talks between the actors' union and the studios are ongoing, with the next meeting scheduled for Wednesday. Netflix had previously cut prices in some countries and implemented measures to crack down on password sharing.

via Reuters|
#business#hollywood-actors-strike#netflix
entertainment2 years ago

Tom Hanks Raises Alarm Over Unauthorized AI Version Used in Dental Plan Ad

Tom Hanks has alerted his fans that an advertisement for a dental plan featuring an AI-generated version of himself is fake and was created without his consent. Hanks has previously expressed concerns about the use of AI in film and TV, but has approved digitally altered versions of himself in the past. He discussed the legal and artistic challenges posed by AI-generated likenesses in a recent podcast interview. The Hollywood writers' strike, which recently ended, included concerns about unchecked AI undermining the work of creatives. The Writers Guild of America reached an agreement with the Alliance of Motion Picture and Television that includes restrictions on AI use, but the actors' union, Sag-Aftra, remains on strike.

via The Guardian|
#ai#deepfake#dental-plan-ad
entertainment2 years ago

"Patrick Dempsey and Jillian Fink grace Venice Film Festival together"

Patrick Dempsey debuts silver hair at the premiere of his new movie Ferrari during The Venice Film Festival, where he was joined by his wife Jillian Fink. The film, directed by Michael Mann, also stars Adam Driver and Penelope Cruz and explores the life of Enzo Ferrari. The festival, which marks the start of the awards season, has been affected by the ongoing Hollywood actors' strike, resulting in many stars being unable to attend.

via Daily Mail|
#entertainment#ferrari#hollywood-actors-strike
entertainment2 years ago

Film Delays: Warner Bros Postpones 'Dune' and 'Lord of the Rings' Due to Strike

Warner Bros has announced the delay of the highly anticipated "Dune" sequel until March due to the ongoing Hollywood actors' strike, preventing the film's stars from promoting it. This decision has affected the release schedules of other films, including the animated "Lord of the Rings" film, which has been moved to December. The strike has prompted other studios, such as Sony Pictures, to adjust their release strategies. Despite the boost from recent films like "Barbie" and "Oppenheimer," overall moviegoing remains below pre-pandemic levels.

via Reuters|
#dune#entertainment#film-delays
entertainment2 years ago

Toronto Film Festival Faces Attendance Crisis as Major Films Pull Out

The Hollywood actors and writers strikes are causing cancellations and financial losses for Toronto restaurants and businesses during the Toronto Film Festival (TIFF). The absence of Hollywood A-listers at parties and events will result in a lack of glitz and glamour, impacting the city's global recognition. Local businesses that transport, feed, and honor celebrities are also expected to face cancellations and disappointment. However, industry professionals remain hopeful for the return of TIFF next year with its usual army of Hollywood stars.

via Hollywood Reporter|
#charles-khabouth#entertainment#hollywood-actors-strike
entertainment2 years ago

"Randall Park's 'Shortcomings': A Messy, Cathartic Exploration of Meaningful Representation"

Randall Park discusses his directorial debut film "Shortcomings" and the importance of meaningful representation in Hollywood. The film explores complex issues within the Asian American community, such as internalized racism and fetishization, while also highlighting the human emotions behind these behaviors. Park emphasizes the need for empathy and understanding when portraying Asian American characters. He also addresses the ongoing Hollywood actors strike, expressing the urgency for improved conditions and fair compensation for actors. Despite the strike, Park remains optimistic about the momentum of the Asian American movement in Hollywood and the opportunity to tell diverse stories.

via NBC News|
#asian-american-community#asian-representation#entertainment
entertainment2 years ago

Zendaya's "Challengers" Withdrawn from Venice Film Festival Amid Strike

The highly anticipated tennis drama Challengers, directed by Luca Guadagnino and starring Zendaya and Josh O'Connor, has been pulled from the Venice film festival due to the ongoing Hollywood actors' strike. The film's release date has also been changed from September to April next year. Instead, the festival will open with Edoardo De Angelis's Italian drama Comandante. The strike prohibits actors from promoting their films, impacting the fall festival circuit and potentially delaying other major releases, including Warner Bros' Dune 2. The strike is based on concerns over residual pay and the threat of artificial intelligence.

via The Guardian|
#challengers#entertainment#hollywood-actors-strike
entertainment2 years ago

Tom Cruise Takes Stand Against AI and Supports Striking Actors Union

Tom Cruise surprised everyone by appearing in a negotiating session between the actors' union and the Alliance of Motion Picture and Television Producers (AMPTP) to support SAG-AFTRA and criticize the use of artificial intelligence (AI) in the entertainment industry. Cruise urged the AMPTP to reconsider its stance on AI and also advocated for stunt actors to continue with press tours after the strike, considering the fragile state of movie theaters post-pandemic. The strike, which is the first joint walkout by SAG-AFTRA and the Writers Guild of America (WGA) in over six decades, has halted the production of several high-profile projects, including the latest "Mission: Impossible" movie. Both unions are demanding better pay and residuals in the streaming era.

via New York Post |
#ai#entertainment#hollywood-actors-strike
entertainment2 years ago

"Amal Clooney's Stunning Bridal-Inspired Date Night Look with George"

Amal Clooney stuns in a white gown with a thigh-high split as she enjoys a romantic date with husband George in Lake Como. The couple shared a sweet kiss during their swanky dinner at the Grand Hotel Tremezzo. Meanwhile, George has thrown his support behind the Hollywood actors strike, stating that it is an inflection point in the industry. The strike has resulted in the halt of productions, including Deadpool 3 and Wicked.

via Daily Mail|
#amal-clooney#date-night#entertainment
entertainment2 years ago

The Impact of Hollywood Strikes: From Residuals to Revolting Workers

The American screen actors' strike, which began over the weekend, has caused frustration among film and TV drama fans worldwide. Negotiations between actors and the Alliance of Motion Picture and Television Producers collapsed, leading to a fight over streaming services pushing down pay and using artificial intelligence in production. Celebrities like George Clooney, Margot Robbie, and Brian Cox have joined the campaign, bringing the Hollywood dispute to the forefront of international news. Productions involving American talent have stalled in many countries, and festivals and fan events are also threatened. The strike is the largest in over 60 years, with both writers and actors demanding fair residuals from streaming services. The impact of the strike is expected to be significant, affecting the entertainment industry and causing financial hardship for many in the film industry.

via The Guardian|
#artificial-intelligence#entertainment#film-industry