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The Business

‘Sing Sing’ director Greg Kwedar models pay equity; streamers still struggle

The Business

KCRW

Tv & Film

4.6676 Ratings

🗓️ 9 August 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

Kim Masters and Matt Beloni discuss Hollywood’s second quarter earnings reports. Disney turned an early profit for streaming service ESPN+, but amusement park attendance still worried Wall Street. Meanwhile, Warner Bros. Discovery cites struggling TV business for $9 Billion loss. 

Plus, Kim Masters speaks with filmmaker Greg Kwedar about his new film “Sing Sing.” Everyone involved in the production was paid the same daily rate, a model that Kwedar hopes could bring more parity to film sets. The movie stars Colman Domingo as an wrongly-convicted man staging a play inside the real Sing Sing. Much of the cast includes formerly incarcerated actors who play versions of themselves.

Transcript

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0:00.0

From KCRW, I'm Kim Masters, and this is The Business.

0:05.4

The new film Sing Sing tells the emotional story of a group of inmates who form an acting company in the infamous prison.

0:12.8

Behind the cameras, the project was made using a new model, one in which everyone was guaranteed equal pay.

0:19.1

We built a model on parody, you know, that everyone on our movie, the core casting crew from the star of the film all the way through Post, we all work for the same rate.

0:31.5

And we all collectively own the movie as well.

0:35.4

The film stars Oscar nominee Coleman Domingo,

0:38.0

alongside formerly incarcerated men whose only acting experience

0:42.1

came from performing in the real-life Sing Sing Prison Acting Troop.

0:46.9

Director Greg Kweedar tells us about his hopes

0:49.3

that the equal pay model will help other independent filmmakers

0:52.4

in these challenging times. But first we banter.

0:56.5

Stick around. It's the business from KCRW.

1:02.0

I am joined by my partner in banter. Matt Bellany. Hello, Matt. Hi there. So we have just

1:08.4

received in the last little bit the earnings reports for the past quarter from Disney and from Warner Brothers Discovery.

1:16.8

And I will start with Disney, which is kind of a, it strikes me as sort of a classic dilemma for this company because Disney has some good news. They have actually gotten the streamers

1:30.4

profitable a quarter earlier than they had promised. They beat Wall Street estimates. They made a lot of

1:37.2

money, $41 million in income on the streamers when they lost half a billion last year. I mean,

1:42.9

all of this is good. And yet,

1:45.5

not good enough for Wall Street. No. And I think it's the parks. The park's situation is causing

1:53.9

Disney investors to be nervous. The stock was down. And it's because they are seeing some softening.

2:01.2

You know, post-COVID, there was a boom at the theme parks.

2:05.2

And now we're possibly heading into a recession or at least a slowdown.

...

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