Possible strike halts film projects: Report.

Upcoming Negotiations in the Film Industry

Media companies and the Screen Actors Guild-American Federation of Television and Radio Artists are set to negotiate beginning June 7. However, the possibility of a strike is scaring some financiers in the industry.

The union’s chief negotiator, Duncan Crabtree-Ireland, encouraged members to vote to strike as a negotiation tool should they fail to reach a conclusion. Ballots were mailed out on May 18 after the negotiating committee and national board voted unanimously to put the matter to a vote by its members.

There are 160,000 SAG-AFTRA members, which, when added to some 11,500 writers currently on strike, could bring the entire industry to a halt. Members will have until June 5 to vote and were mailed ballots on Thursday. The Writers Guild of America saw a near-unanimous vote, with 97.85% voting to strike ahead of negotiations.

Impact on Projects

Actor Joaquin Phoenix’s latest venture, a film called “The Island,” was reportedly put on pause because its financer, Film Finances Inc., pulled out of the film, citing the potential strike. Sources claim the actors involved were sent home, and there is no date to commence filming. Its source also implied there are other projects on hold but did not name them.

Companies Involved

• Amazon/MGM
• Apple
• NBCUniversal
• Disney/ABC/Fox
• Netflix
• Paramount/CBS
• Sony
• Warner Bros. Discovery

Neither FFI nor SAG-AFTRA responded to the Washington Examiner’s request for comment.

Conclusion

The Writers Guild of America has been on strike since May 2 after failing to negotiate higher wages. With the possibility of SAG-AFTRA members joining them, the industry could face a significant disruption.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

BIDEN AND REPUBLICANS BLAME EACH OTHER FOR DEFAULTS THEY INSIST WON’T HAPPEN

Stay tuned for updates on the negotiations and their impact on the film industry.

*As an Amazon Associate I earn from qualifying purchases