twitch Twitch Lays Off 500 Employees to Shrink Bloated Workforce Twitch confirms it cuts 500 jobs, or 35% of its workforce, as CEO Dan Clancy admits the organization outgrows its current business scale. The layoffs mark another major setback for the struggling livestreaming platform.
sag-aftra SAG-AFTRA and Studio CEOs Resume Strike Talks Amid Tense Negotiations SAG-AFTRA and studio CEOs return to the negotiating table to end the 103-day actors strike, though initial proposals receive a lukewarm response. The union confirms both sides will meet again tomorrow as members are urged to keep picketing.
wga WGA Leaders Unanimously Approve Tentative Deal to End Nearly Five-Month Strike The Writers Guild of America officially ends its strike at 12:01 a.m. PT Wednesday after leaders unanimously recommend a new tentative agreement with studios. Guild members vote on the deal's ratification between October 2 and October 9.
hollywood Hollywood Writers and Actors Join Forces in Historic Double Strike Hollywood faces an unprecedented double strike as writers and actors unite over disputes involving artificial intelligence and streaming residuals. The joint labor action halts most film and television production across the industry.
hollywood Hollywood Faces Historic Double Strike Over AI and Streaming Disputes Hollywood writers and actors join forces in an unprecedented double strike, halting production across the entertainment industry. The unified labor action centers on resolving disputes regarding artificial intelligence usage and streaming compensation.
hollywood Hollywood Faces Historic Double Strike Over AI and Streaming Disputes Writers and actors stage an unprecedented joint strike as they demand fair compensation and protection against artificial intelligence in the streaming era. The unified labor action brings major film and television productions to a halt.
hollywood Hollywood Writers and Actors Join Forces in Historic Double Strike Hollywood faces an unprecedented double strike as writers and actors simultaneously protest over fair pay and artificial intelligence regulations. The joint labor action halts production across the entertainment industry amidst a major streaming revolution.
ai Hollywood Writers Strike Centers on AI Threat and Fair Compensation Over 11,000 film and television writers remain on strike as artificial intelligence emerges as a major point of contention in contract negotiations. The Writers Guild of America demands regulatory standards to protect industry professionals from sweeping technological changes.
sag-aftra Hollywood Actors Overwhelmingly Authorize Potential Strike Against Studios SAG-AFTRA members vote 98% in favor of a strike authorization as they prepare to negotiate with major studios. The union seeks new contract terms to address inflation, streaming residuals, and the threat of generative AI.
wga strike 2023 Hollywood Writers Strike Ends After Securing New Streaming Protections The 2023 Writers Guild of America strike lasts nearly five months as writers demand better pay and limits on artificial intelligence. A tentative agreement finally ends the work stoppage in late September.
writers strike Hollywood Writers Strike Demands Strict AI Guardrails Against Studios Over 11,000 striking film and TV writers demand a near-total ban on artificial intelligence in script production as studios look to cut costs. The studios reject these proposals, offering only to hold annual discussions about technological advancements.
sag-aftra Hollywood Actors Union Approves Deal to End Historic Four-Month Strike SAG-AFTRA leaders vote overwhelmingly to approve a tentative agreement with major studios, officially ending the 118-day strike. The deal now heads to union members for a final vote starting November 14.
writers guild of america Hollywood Writers Strike Over AI Threats and Streaming Pay Over 11,000 members of the Writers Guild of America are on strike, demanding fair compensation in the streaming era and strict regulations on artificial intelligence. The union insists AI must not be used to write or rewrite scripts or train on their existing work.
disney Disney Pays $900 Million to Fully Acquire Streaming Tech Firm BAMTech Disney buys out Major League Baseball's remaining 15% stake in BAMTech for $900 million, securing 100% ownership of the technology that powers Disney+. This deal marks one of the final major moves by former CEO Bob Chapek.
google Lack of Consumer Trust Dooms Google Stadia Streaming Service Google shuts down its game-streaming service Stadia, largely because consumers simply do not trust the company to support its products long-term. Despite impressive technical achievements, the lack of exclusive games and poor business decisions lead to an undignified end.