Striking actors and Hollywood producers have stopped talking
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 12 October 2023
⏱️ 7 minutes
🧾️ Download transcript
Summary
Hollywood studios and the unions representing actors resumed negotiations 10 days ago, but contract talks halted last night. Many of actors’ key demands remain, and the news comes after Hollywood writers ratified their contract earlier this week. We hear the latest. Plus, economists expect some easing of inflation in the September consumer price index — but that doesn’t mean a smooth glide to the Fed’s goal of 2%.
Transcript
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| 0:00.0 | Striking actors and Hollywood producers have stopped talking. |
| 0:05.0 | I'm David Bruncacciou in New York. |
| 0:07.0 | Ten days ago, Hollywood Studios and the Union representing striking film and television actors |
| 0:12.0 | got back to negotiating. |
| 0:14.0 | Last night, talks halted. |
| 0:16.0 | No deal in sight. |
| 0:17.0 | Here's Marketplace's Nova Sofo. |
| 0:19.0 | The sticking points today are much the same as when actors went on strike three months ago. |
| 0:24.0 | Among them, the potential use of artificial intelligence to replicate actor's images and alter their work. |
| 0:30.0 | And demands for a bigger share of streaming revenues. |
| 0:33.0 | Striking writers had similar concerns, and this week they ratified a new three-year contract with studios. |
| 0:39.0 | Many in the industry hoped a deal with actors would soon follow along the same lines, |
| 0:44.0 | including guardrails on AI and increases in streaming residuals. |
| 0:49.0 | But in a statement, the organization representing studios and streaming companies said the actor's union, Sag Aftra, |
| 0:54.0 | had made few of any changes to their demands. |
| 0:57.0 | The studio said they walked away because it had become clear their differences remained too great, |
| 1:02.0 | including over what studios said was a demand for $800 million per year in additional pay. |
| 1:08.0 | Sag Aftra replied that that figure was a gross overstatement, |
| 1:12.0 | and accused the studios of bullying tactics. |
| 1:15.0 | On issues such as AI, the union said the studios are misrepresenting their positions, |
| 1:19.0 | and the actors will remain on strike. |
| 1:22.0 | I'm Nova Sofo, for Marketplace. |
... |
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