Business

Hollywood staff threaten to strike | Financial

The nationwide strike will continue if no new agreement is reached with producers by Monday, according to the International Alliance of Theatrical Stage Employees (IATSE). The union represents approximately 60,000 behind-the-scenes workers. First, the large studios will be shut down.

This week, the union continues to negotiate with manufacturers on issues such as work and rest times and pay increases for those at the lower end of the pay scale. According to the producers, united in the Alliance of Motion Picture and Television Producers (AMPTP), studios are working hard to reach a deal.

Last week, 90 percent of IATSE members voted on the issue with more than 98 percent saying they were in favor of a strike. The union wants, among other things, that working hours are reduced. In some cases, people are busy as much as 14 hours a day as the demand for TV shows and movies has increased. This is mainly due to the popularity of streaming platforms such as Netflix, Disney+, Apple TV+ and Amazon Video.

The union wants, among other things, a higher wage for employees on streaming projects. They are now paid less than employees who work on shows for television.

The last major strike in Hollywood in late 2007, early 2008 was that of screenwriters. The action lasted three months and forced script shows to stop. Television networks showed reruns of comedies and dramas out of necessity.

Hollywood staff threaten to strike | Financial
Source link Hollywood staff threaten to strike | Financial

Back to top button