Hollywood strikes taking a toll on California's economy
In California, film and television production accounts for more than 700,000 jobs and nearly $70 billion a year in wages.
In California, film and television production accounts for more than 700,000 jobs and nearly $70 billion a year in wages.
As the Writer's Guild of America strike nears 100 days, Hollywood writers and studios met Friday to discuss whether to restart negotiations. The Hollywood Reporter's Katie Kilkenny spoke with CBS News about what this could mean for both the actors' and writers' strikes.
The writers' union says the studios asked for a meeting to discuss restarting contract talks. A joint writers-actors walkout has crippled Hollywood production.
"I'd rather be on set today, but today's job is to be here making sure that people less fortunate than me get paid properly."
U.S. entertainment companies are widely expected to see a quarterly earnings bump driven by the ongoing strikes. The Writers Guild has been on strike for more than three months and the Screen Actors Guild voted to join them in July. Alex Weprin, media and business writer for the Hollywood Reporter, joined CBS News to discuss where the money is going.
The simultaneous writers' and actors' strikes have left Hollywood at a standstill, and that could reshape the entertainment industry as we know it. Some well-established actors and writers had been making a living off social media content -- even before SAG-AFTRA and the Writers Guild started picketing. Washington Post reporter Drew Harwell joins CBS News to discuss "the creator economy" and how it could affect the future of entertainment.
Though "Oppenheimer" and "Barbie" have starkly different stories, they do have something in common: getting audiences back into theaters.
With compensation from streaming platforms front and center in actor and writer strikes, all eyes were on Netflix Wednesday as the streamer reported its latest earnings. The company posted $8.2 billion in revenue and 5.9 million new subscribers. Nicole Sperling, media and entertainment reporter for The New York Times, joins CBS News to explain what those numbers mean for the strikes and for the streaming industry.
Members of SAG-AFTRA joined thousands of writers on strike after failing to reach an agreement with Hollywood studios.
It's being called the "hot labor summer." From Hollywood to hotels, workers have been walking off the job -- recent data from Cornell University shows around 119,000 U.S. workers were on strike as of May. Seth Harris, former acting U.S. Labor Secretary in 2013 under then-President Obama, joins CBS News to discuss what's driving the recent wave of strikes and how increased strike activity could affect the economy.
The union representing thousands of film and television actors announced that they will go on strike beginning Thursday at midnight, leaving the Hollywood industry at a standstill. The SAG-AFTRA national board said its members will join Hollywood writers, who have been on strike since early May, on the picket lines. Elaine Low, staff writer for "The Ankler," joined CBS News to unpack the sticking points actors are fighting for, and what the dual strikes could mean for the future of the industry.
SAG-AFTRA's contract with the major Hollywood studios is set to expire at midnight Wednesday.
Earlier this month, SAG-AFTRA members voted overwhelmingly to authorize a potential strike in the event a deal isn't reached with the major studios.
The actors' union, which has roughly 160,000 members, voted overwhelmingly to strike if negotiations with studios turn sour.
The Directors Guild of America and Hollywood studios have reached a tentative three-year agreement. This comes as the Writers Guild continues its strike at studios across the country. Dominic Patten, senior editor for Deadline Hollywood, has more.
The tentative three-year agreement addresses wages, streaming residuals, working hours and more.
The symbolic vote on executives' multi-million dollar pay packages comes amid an ongoing writer's strike.
The commencement speech by David Zaslav was met with angry chants and signs about the ongoing writers strike.
The Writers Guild of America says it will not picket at this year's Tony Awards, scheduled for June 11. However, the union says striking members will not write for the live broadcast. CBS News anchors Lana Zak and Lilia Luciano spoke with New York Times theater reporter Michael Paulson about the impact this will have on the show and the Broadway theater industry.
Production is at a standstill for some of TV's most popular shows as the Writers Guild of America's strike presses on. Insider's entertainment business correspondent Reed Austin joins CBS News with more on the impact the strike is having on the industry.
The award-winning writer and showrunner, who has worked with the cable network for 25 years, has joined the picket line.
Actor, writer, director Tom Hanks joins "CBS Mornings" to discuss his first novel "The Making of Another Major Motion Picture Masterpiece." He also discusses avoiding the pitfalls of fame, the ongoing Hollywood writers' strike, and the secret to a long marriage.
Many late-night talk shows have been paused due to the strike, but the strike's effect on scripted shows is less immediately obvious.
The MTV Movie & TV Awards shifted from a live broadcast to a taped one without a host or red carpet. Nigel Smith, senior news editor for People, joins CBS News to share the big winners of the night and how other awards shows could be impacted by the ongoing writers' strike.
The news also comes after the Writer's Guild of America announced that it planned to picket outside the show.
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Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
Air pollution chokes New Delhi every winter, but this year's smog has already derailed everything from transport and road work to schools.
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