The film and TV industry has again ground to a halt. The industry is engaged in a bitter battle over the how streaming — after advancing rapidly during the pandemic — has upended the economics of entertainment.
NEW YORK — To get a sense of just how much animosity is flying around Hollywood these days, watch how Ron Perlman responded to a report that the studios aimed to prolong a strike long enough Three years after the pandemic brought Hollywood to a standstill, the film and TV industry has again ground to a halt
to vent his anger. “Listen to me, mother-,” Perlman said. “There’s a lot of ways to lose your house.” announcing the strike. “We’re not going to keep doing incremental changes on a contract that no longer honors what is happening right now with this business model that was foisted upon us.Disaster also loomed in Hollywood when COVID-19 in March 2020 shuttered movie theaters, emptied TV studios and shut down all production. The recovery is still ongoing.
“What is happening right now was bound to happen. With streaming, the whole business got disrupted,” says Telang. “So naturally, they’re complaining, ‘We need our fair share.’ But how do you decide what’s a fair share? There has to be a transparency about where the money is coming from and where it’s going. Until this gets resolved, this issue will keep coming up.”
Meanwhile, actors are sharing images of their paltry residual payments for streaming hits. Kimiko Glenn of Netflix’s “Orange Is the New Black” posted a clip of residual “You used to be able to work on a broadcast show, one show and you’re good for the year because of the residuals,” said actor Nachayka Vanterpool on the picket lines. “And then you have streaming coming along and you got 20 cent residual checks. That impacts you.
Many are now girding for a prolonged stoppage that, if carried into September, would greatly impact the fall TV schedule and the film festivals that launch the season's awards contenders. Drescher said she “couldn't believe” how far apart her union and AMPTP are.
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