From KCRW in Santa Monica, I'm Claude Brodessa Ackner, and this is The Business.

So you still want to do the show business, and you think that you got what it takes,

I mean you really got a rap and be all at.

If you hear yourself for the breaks, check it out.

This week on The Business, the Hollywood Reporter's 17th annual 100 most powerful women in Hollywood list.

What does it say about the progress of women in entertainment?

And what do powerless reveal about Hollywood's obsession with status?

But first, it's the Hollywood News Caravan.

Stick around. It's The Business from KCRW.

Music from KCRW. This week, the board of the Screen Actors Guild will hold two days of emergency meetings.

The expectation is that one of two battling factions

will come out of the meetings with firm control of the union's direction. It's about time.

It's been almost six months of working without a film and TV contract, and things have not

been headed in a good direction. Last month, after a year of rancorous talks with producers and a failed attempt at federal mediation,

SAG's leadership announced that they would send out ballots for a strike authorization on January 2nd.

But while you were tearing open Christmas presents and getting smashed on New Year's Eve,

some 1900 SAG members, including George Clooney, Russell Crow, and Tom Hanks, were going public with their great displeasure with the whole strike thing.

So, the Guild's leadership announced a hold on the strike vote.

We'll report in on the fallout from SAG's meetings next week.

Elsewhere, if the studios and network seem intractable in their negotiations with the actors,

it might be because their cash cow is looking utterly milked.

See what I did there?

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