Netflix, Disney and Co. shut down
Nothing works in Hollywood anymore. After the writers have been on strike for weeks, the actors are now joining the industrial action. The consequences for film studios and streaming providers such as Netflix, Disney, Apple and Co. are considerable. What do customers have to be prepared for?
The escalation becomes reality, Hollywood stands still. From now on, not only the screenwriters are on strike in the USA, but also the Actors union joins walkout to (source: The Hollywood Reporters).
Hollywood is on strike: Netflix, Disney and Co. under fire
The ramifications of that decision were seen immediately at the London premiere of Oppenheimer, the latest film from master director Christopher Nolan. After the strike was decided, the actors then left the location. The strike includes not only the actual spectacle in front of the camera, doctoral theses are also excluded.
Will still be in the cinemas, but actors are no longer allowed to advertise “Oppenheimer”:
Hollywood has a huge problem with that. Not only has practically all filming come to a standstill until further notice, but films that have already been completed can no longer be advertised with corresponding appearances by the actors. What this means for film studios and streaming providers can only be guessed at so far. However, it can already be said that a lot of box office revenue is at stake.
A weighty one leverage in labor disputes the actors, represented by the actors’ union SAG-AFTRA. Of course, it doesn’t just represent the interests of the rich Hollywood stars, the focus is on thousands of actors whose livelihoods are not secured.
They want one fairer pay and also clear and fair rules when using artificial intelligence. For example, the film studios want to capture extras and background actors digitally so that they can then be used as often as they like for other productions. Actors should then be paid for each, so the demand.
That’s it Entertainment industry under massive pressure, because the scriptwriters have been on strike since May. Their claims against studios and streaming providers such as Netflix, Disney+, Apple and Co. are comparable to those of the actors. Incidentally, the last time there was a comparable simultaneous strike by both unions was in 1960.
The great emptiness threatens
The consequences now for moviegoers and customers of streaming services? What has already been filmed can be shown, but with limited advertising opportunities, the companies could decide to to postpone films and series for a later premiere after the strike.
There are already reasons for termination of streaming providers:
Sooner or later, however, the general threat threatens to dry up supplies of films and series. This could then become noticeable in a few months. The streaming providers should then show only old things from the can, but new content and in-house productions are missing.
In the face of a thinned out offer for the Termination decide. Whether it comes to that, ultimately depends on how long the joint strike lasts. A short break is unproblematic, but a longer break should hardly be concealed for the companies.
