{"id":66347,"date":"2023-09-28T07:31:28","date_gmt":"2023-09-28T11:31:28","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/what-caused-the-hollywood-writers-strike-and-is-it-over\/"},"modified":"2023-09-28T07:31:31","modified_gmt":"2023-09-28T11:31:31","slug":"what-caused-the-hollywood-writers-strike-and-is-it-over","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=66347","title":{"rendered":"What caused the Hollywood writers&#8217; strike and is it over?"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. FILE PHOTO: SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line outside Disney Studios in Burbank, California, U.S., July 25, 2023. REUTERS\/Mike Blake\/File Photo<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>(Reuters) -The strike by Hollywood screenwriters ended after their union said its members could return to work on Wednesday while guild members vote to ratify the agreement.<\/p>\n<p>Is the strike over?<\/p>\n<p>Yes, the Writers Guild of America leadership voted to end the strike on Wednesday after nearly five months on picket lines. Guild members will have until Oct. 9 to cast votes for the proposed agreement.<\/p>\n<p>What caused the strike and what were the demands?<\/p>\n<p>Writers began the strike on May 2, demanding higher royalties, mandatory staffing of TV writing rooms and safeguards to their jobs from the use of artificial intelligence.<\/p>\n<p>Another demand was for residual payments when a show becomes a hit. Writers said they have suffered financially during the streaming TV boom in part due to shorter seasons and smaller residual payments.<\/p>\n<p>Details on the new three-year contract suggest that studios have given in to several demands, including pay raises, increased health and pension benefits and AI safeguards.<\/p>\n<p>When will TV shows and movies return?<\/p>\n<p>The strike&#8217;s end means daytime and late-night talk shows can return to the air.<\/p>\n<p>Late-night talk shows such as &#8220;Jimmy Kimmel Live&#8221; and &#8220;The Tonight Show with Jimmy Fallon&#8221; could be among the first to be back.<\/p>\n<p>But for everything else, it could take longer as the actors and performers&#8217; union is still on strike. Their demands are similar to that of writers, including higher wages and protection against AI use.<\/p>\n<p>The Screen Actors&#8217; Guild (SAG) is considerably larger than the WGA with 160,000 film and television actors, stunt performers and other media professionals.<\/p>\n<p>Analysts said studios will try to move negotiations quickly with the SAG-AFTRA, but it could still take more than a month for an agreement to be ratified.<\/p>\n<p>That means viewers will have wait more for the latest seasons of top shows like Billions, Stranger Things and Abbott Elementary.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/explaineris-the-hollywood-writers-strike-over-3182032\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. FILE PHOTO: SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line outside Disney Studios in Burbank, California, U.S., July 25, 2023. REUTERS\/Mike Blake\/File Photo (Reuters) -The strike by Hollywood screenwriters ended after their union said its members could return to work on Wednesday while guild members vote to ratify [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-66347","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What caused the Hollywood writers&#039; strike and is it over? | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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