Hollywood strike

A strike by writers and actors in Hollywood was one of the biggest entertainment stories of 2023. The strikes had a big impact on studios, television and other areas of the entertainment sector in 2023 and this could continue into 2024. What Happened: With a shutdown from actors and writers, movies...

Media giant Walt Disney Co. (NYSE:DIS) has had a 2023 to forget with box office struggles and shares hitting a nine-year low. As the company looks to 2024, a return of old movies to theaters could be one way to offset a light movie slate. What Happened: Disney could be one of several media...

Since 1927, TIME magazine has awarded a person or persons the annual title of TIME Person of the Year. Here's a look at who could win the honors for 2023, which comes a year after Ukrainian president Volodymyr Zelenskyy took home the honors. This year's shortlist and potential winner could ruffle...

The Screen Actors Guild – American Federation of Television and Radio Artists (SAG-AFTRA) is set to end its lengthy strike on Thursday after nearly four months of industry disruption. What Happened: A tentative deal had been reached with Hollywood studios, reported Business Insider. The...

Media company Walt Disney Co (NYSE:DIS) reported fourth-quarter financial results and an update on its Disney+ streaming platform. Here are more highlights from the fourth quarter and what's ahead with details coming from Disney CEO Bob Iger and the company's earnings call. Iger on ESPN: Disney...

Shares of Warner Bros. Discovery (NASDAQ:WBD) are falling Wednesday after the company reported third-quarter (Q3) financial results. Could a boy wizard and a revival of a hit franchise help the company's future success? What Happened: Warner Bros. Discovery reported revenue of $9.98 billion for Q3...

Shares of Walt Disney Co (NYSE:DIS) have fallen significantly in the last year and are trading at decade lows, much to the displeasure of shareholders. There could be more troubles ahead for the company's movie division with more delays coming. What Happened: Disney released several movies that...

Rep. Alexandria Ocasio-Cortez (D-NY) criticized Australian property mogul Tim Gurner for suggesting that workers are overcompensated while doing too little. What Happened: During the Australian Financial Review's Property Summit, Gurner, the founder of Gurner Group,...

Investors were pleased when they heard Bob Iger returned to the CEO role of Walt Disney Co. (NYSE: DIS), a move that saw shares trade higher in November 2022. A new report detailed the huge rift between Iger and former Disney CEO Bob Chapek, including a fight over who would get an...

One of the most successful and critically acclaimed television series of the last 20 years was “Breaking Bad,” a show that starred Bryan Cranston and Aaron Paul. In the ongoing double strike in Hollywood with the writers and actors taking on the media companies, it was revealed that...

The unprecedented double strike by Hollywood has reportedly punched a $5 billion hole in California’s economy, marking the first such walkout in over six decades, Business Insider reported. The entertainment sector has been largely stagnant after the Writers Guild of America...

Disney (NYSE:DIS) is in the midst of a contract dispute with Charter Communications (NASDAQ:CHTR) headed by John Malone, over the terms of a new agreement for carrying its channels, Business Insider reported. This comes as Disney faces heat from the ongoing actors’ and writers...

As labor strikes in California, including a four-month walkout by Hollywood writers, continue, state lawmakers are mulling over the possibility of providing striking workers with unemployment benefits, Business Insider reported. Around 160,000 SAG-AFTRA and 11,500 Writers Guild of...

The Hollywood strikes by writers and actors have shut down work on many major television shows and future movie releases. Media companies have gotten many questions on the impact and how long they have content for before it starts hurting their lineup and financials. One leading streaming company...