Thursday, 10 August 2023
Disney, Netflix, Media Firms Rake in Profit Amid SAG, WGA Hollywood Strikes
Large media companies have been reporting stronger-than-expected profits as the twin strikes by Hollywood writers and actors grind on. While the executives who make and distribute films and TV shows all say they’d like their workers to return soon, their businesses are seeing a huge short-term benefit from the work stoppages: No production means no expenses.
Subscribe to:
Post Comments (Atom)
AI-Powered iOS 18 Could Be the Biggest Update in Apple's History: Report
Apple will introduce its newest iPhone 16 lineup, expected to be packed with Generative AI features, later this year. The Cupertino, Califor...
-
Amazon has silently added a ‘Featured Articles’ section on the website and mobile app. Here, viewers can read a selection of articles for fr...
-
Bitcoin rose to a nearly three-year high on Friday, as investors continued to scoop the virtual currency on expectations it could well excee...
-
India's technology minister said video streaming services have to be "responsible and accountable" for their shows and movies,...
No comments:
Post a Comment