How A WGA Strike Could Shake Up Theatrical Release Schedule As Studios & Exhibs Celebrate Box Office Boom — CinemaCon
deadline.comIn a week when distributors and exhibitors are reconvening for their annual Las Vegas meet-up, CinemaCon, and celebrating the post-pandemic resurge of the box office, the motion picture industry is bracing for a potential WGA strike.
With production and deal-making slowing down, especially with 98% of WGA West and WGA East authorizing a strike if a fair new film/TV deal isn’t met by the May 1 deadline, how could that possibly dent the box office boom?
Gower Analytics projects that this year alone is set to make an estimated $32 billion worldwide (+24% from last year) and $9 billion stateside (+200%).
Just as a majority of exhibitors are getting back on their feet financially after Covid’s great shutdown of 2020-21, studio sources outlined a worst-case scenario to Deadline should the WGA strike span more than four months.
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