Warner Bros Discovery Inc. warned Thursday that the uncertainty surrounding protests from writers and actors alike in Hollywood could affect the broadcast schedule and the capital nature of content creation and delivery.
The studio says it expects members of the Writers Guild of America and the Screen Actors Guild to return to work in September – an estimate the sources say right. good for the anger of the gossip column.
CEO David Zaslav told investors, “We are in a region where there is no culture,” and “We all have to share that.”
Wages were on strike, which disrupted production and halted filming for the fall TV season.
SAG cast members were unable to support the upcoming movie, which jeopardized its fall release.
Toymaker Hasbro also cited Thursday’s strike as a blast.
Warner Bros, The Film and Television Producers Guild, which negotiates on behalf of. Discovery Channel and other major studios are expected to meet with the Writers Guild on Friday to discuss a possible objection. Writers have been on strike since May 2.
Warner Bros Discovery warns Hollywood strikes may impact film slate https://t.co/o9fxyfZsR3
— Qudach (@qudach) August 3, 2023
Meanwhile, SAG-AFTRA President Fran Drescher appeared on a strike line in New York on Thursday and gathered members who had left on July 14.
Much was recorded near the Paramount Universal office at Times Square, “I promise, we will not interfere.This is the best deal with no return.
Warner Bros Discovery’s second-quarter earnings were hampered by weak results, including DC Comics’ “The Flash.” Studio revenue of $2.58 billion is better than expected at $3.21 billion, according to Visible Alpha.
The company also covered the marketing costs of the Barbie movie, which was released in July and was a huge box office hit.
Third Bridge analyst Jamie Lumley said, “As the company continues its red wave of success at the Barbie Theatre, other movies and series that Warner Bros. Discovery is known for are in discussion. Still waiting to restart.”
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