Why the Studios Are Risking Everything

 

 

 "Labor stoppages are, first and foremost, about money, and the concurrent Screen Actors Guild and Writers Guild of America strikes are no exception. The actors and the writers want more of it, as well as limits on the use of AI. The studios say they don’t have nearly as much to distribute as the actors and the writers would like given the massive expenses they’ve incurred while standing up their streaming services. They find themselves at an impasse that threatens to reduce the overall pot even further by putting in jeopardy one of the industry’s greatest assets: movie theaters.

An extended strike could kill off movie theaters."

read the article by SONNY BUNCH