Hollywood’s strikes are over
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Netflix’s co-CEO says the Hollywood strikes were “not an outcome that we wanted.”
During Netflix’s earnings call on Wednesday, co-CEO Ted Sarandos opened with a statement about the writers’ and actors’ strike:
You should know that nobody here nobody within the AMPTP... took any of this lightly. But we’ve got a lot of work to do. There have a handful of complicated issues. We’re super committed to getting to an agreement as soon as possible — one that’s equitable, and one that enables the the industry and everybody in it to move forward into the future.
The AMPTP still isn’t budging on the conditions that writers and actors want, including higher streaming residuals and protections surrounding the use of AI.
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