The potential failure of Hollywood’s blockbuster strike

The potential failure of Hollywood’s blockbuster strike


Hollywood’s blockbuster ‍strike ⁤may‍ become‍ a flop

Munching popcorn, a crowd of ⁤glamorous movie people ⁤and‍ somewhat less glamorous ⁣journalists gathered in a⁤ London cinema ​on July 13th for the premiere of “Oppenheimer”, a new film from Universal ‍Pictures.​ As the audience ⁢waited for⁤ the entrance of ⁣the movie’s stars—Cillian Murphy, Emily Blunt, ⁤Matt Damon ‌and ‌others—they were ‌greeted instead by ⁤an ​apologetic Christopher⁢ Nolan, the film’s⁣ director. His‌ cast had just ⁣gone home, ‌he announced. ‌“They’re​ off​ writing‍ their​ signs,⁤ to join the ‍picket lines.”

The strike called ​moments‍ earlier by America’s Screen Actors Guild, ⁣which⁢ coincides with one by ⁣the Writers ‍Guild ⁢of America ⁤that ⁤began​ in ⁢May, has ‌detonated a nuclear blast ⁢under‌ America’s entertainment industry. ⁣The fallout will⁤ travel much farther: ‍nine ⁢of ⁢the ten biggest ‍box-office hits worldwide ‍last year were American-made, and‍ American streaming⁤ services now ‌reach⁣ into living rooms‍ everywhere. As ‌the​ stars face off against⁤ the studios, the world’s⁣ great⁢ entertainment machine has ground ⁣to a⁤ halt.

The last ⁢time writers ‌and actors ‌went on strike ​together Ronald ⁣Reagan was ⁤president—not⁤ yet of the United States, ‌but of its actors’ union. The argument then, ‌in⁢ 1960,⁤ was about television, ‍and how big-screen​ actors ​should be⁢ compensated when ⁤their work⁤ was replayed on ⁣the small ⁣screen. ‍Today’s confrontation is‌ also⁢ about new​ technology.

2023-07-19 13:56:00
Source from​ www.economist.com

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