Hollywood Strike to Rule over and letting the Industries to Drown down Financially
Hollywood Strike to Rule over and letting the Industries to Drown down Financially
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New Delhi:-   The Hollywood strike continues, causing confusion for many with costly movie delays and wage disputes. Variety quoted a source as saying that "There was just grief. We took a complete break from politics and just invested in jobs. Now many people will lose their livelihoods and will not be able to pay for their homes and schools."

On the set of Gladiator 2, actors such as Denzel Washington and Pedro Pascal began booking flights home. They left behind a high-budget film and his 400-person staff. SAG-AFTRA negotiating committee member Michael Green said that What's happening now is that the industry doesn't really understand how artists think.

They believe they can do this without artists or AI. you think in numbers. Commerce wants to win, but it can't quite win without an artist. It's David versus Goliath.” 

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Variety's Brent Lang reported that Disney CEO Bob Iger hit back in his "Feed Cake" soundbit, telling CNBC's David Faber just hours ago that there is an "unrealistic level of expectation" when dealing with shocking writers and actors.

Benchmark analyst Matthew Harrigan said: I expect it will take at least a few months. Both appear to be in a stalemate. It all comes down to who can afford to live the longest. "

"As of last week, some 65,000 Hollywood actors have been picketing or closing productions for pay increases amid inflation and a rapidly evolving entertainment industry," CBS News' Irina Ivanova said of the reasons for the strike.

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She went on to say, "Performers tell us that the income they can rely on based on leftovers from film and TV appearances has plummeted in the streaming age, making it impossible for the vast majority of actors to make a living." Amazon; Netflix; NBCUniversal; Sony and CBS News parent company Paramount have declined to negotiate higher salaries for artists or a share of streaming revenue. " 

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The Hollywood Strike is on the Crown now as the main Actor of the Gladiator 2 Denzel and Pedro started their way home back booking their flights after this. The strike is having great impact on the upcoming movies and also on the Film making industries.

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