Hollywood Giants Plan More Cost-Cutting, Brace for Pandemic Recession

May 14, 2020

With Hollywood first-quarter earnings season now wrapped, sector giants have made clear that more of the financial pain of the novel coronavirus pandemic will, as expected, hit their results for the current second quarter, which started after the initial virus impact in March. With revenue dragged down across divisions — from the closed theme park units and […]

Start of WGA Contract Talks with AMPTP Delayed Until May 18

May 10, 2020

The WGA and the AMPTP have delayed the start of their contract negotiations by a week because of scheduling issues. The talks for a new film and TV deal, which had been set to start next week, will now begin on May 18. The AMPTP is also in the midst of negotiating a new contract with SAG-AFTRA. The WGA’s current pact had been set to expire on May 1, but after considerable wrangling, it agreed to the AMPTP’s offer to extend […]

SAG-AFTRA Foundation has Distributed Over $3.5 Million in COVID-19 Emergency Aid

May 5, 2020

The SAG-AFTRA Foundation has distributed more than $3.5 million in emergency aid to SAG-AFTRA members from its COVID-19 Relief Fund – up by $2.5 million since April 7. Foundation president Courtney Vance, in his sixth “fireside chat” video update on the Relief Fund’s efforts, noted that there’s a “substantial queue of applications […]

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