Hollywood Forced To Hedge Its Bets For The Future

In recent weeks, studios “have had to pay a premium of as much as 10 to 15 percent over actors’ normal salaries to book them into the dozens of movies that are filming between now and June, when the Screen Actors Guild’s contract expires. But with talks set to resume on Monday between striking writers and the movie and television companies, the chance of a quick settlement has added a gust of uncertainty.”

NYC Losing Millions During Strike

“The New York city comptroller, William Thompson Jr., estimated that the city was losing about $2 million per day because of the [stagehands’] strike… But the League of American Theaters and Producers, which includes production costs and theater maintenance in its figure, says it believes a more accurate estimate is about $17 million per day.”