The repercussions of the Hollywood strikes

Business Daily

BBC

Business

4.4 • 816 Ratings

🗓️ 7 March 2024

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Last summer marked the first time in six decades that Hollywood’s actors and writers went on strike simultaneously. They hit pause on production over pay and the use of artificial intelligence (AI) in the film industry.

The strikes brought the industry to boiling point, but wider issues were simmering for some time.

They caused a multi-billion economic toll on those who work in film and television - from crew members to caterers. Businesses burned through savings and piled up debt.

This edition of Business Daily unpicks the plot of one of Hollywood's biggest dramas.

(Picture: The Hollywood sign is viewed during a clearing storm, January 2024. Credit: Getty Images)

Presented and produced by Izzy Greenfield

Transcript

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0:00.0	Hi, Namulanta Combo here with some very exciting news.
0:04.4	Dear Daughter is back for a new series.
0:07.1	I'm putting together a handbook to life for Daughters everywhere,
0:10.4	full of stories and advice to help navigate life.
0:13.2	That's Dear Daughter from the BBC World Service.
0:16.6	Find it wherever you get your BBC podcasts.
0:27.4	Okay. find it wherever you get your BBC podcasts. What do we want?
0:28.7	A fair contract!
0:30.0	When do we want it?
0:30.8	Now!
0:31.9	What do we want?
0:32.7	A fair contract.
0:34.0	When do we want it?
0:34.8	Now.
0:35.6	And if we don't get it,
0:36.9	show it now. And if we don't get it? Show it now!
0:38.2	And if we don't get it?
0:39.4	I started even selling some of my private collection.
0:43.3	Movies like Outer Range came and spent thousands of dollars in our store.
0:49.6	Well, that didn't happen after May.
0:52.4	Last summer marked the first time in six decades that Hollywood's actors and writers went
0:57.2	on strike simultaneously.
	...

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