Who Benefits The Most From WGA and Studios Deal?

A lot remains to be seen about the nature of the deal, but there is a degree of optimism, notes Jamie Lumley. He discusses how the WGA reaches agreement with studios. He talks about how the studios will hope that a resolution to the actors’ strike will follow shortly. He mentions that experts highlight that writer account for 5%-10% of a show’s budget, while actors can account for up to 50%. He then goes over what the gap between what the writers were asking for and what the studios were offering this summer was in hundreds of millions per year. He also looks at who benefits the most from the WGA reaching a deal with the studios. Additionally, he highlights streaming stocks to watch. Tune in to find out more about the stock market today.

Trading 360

25 Sep 2023

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