Negotiations between the studios and the striking actors guild may have come to a sudden halt last week, but according to Netflix today everyone is still talking – even when they aren’t. “The last six months have been challenging for our industry given the combined writers and actors strikes in the US,” the streamer said in its just released third-quarter earnings report Wedesnday. “While we have reached an agreement with the WGA, negotiations with SAG-AFTRA are ongoing,” they oddly added. “We’re committed to resolving the remaining issues as quickly as possible so everyone can return to work making movies and TV shows that audiences will love.” On a day that saw stocks stumbling overall, Netflix mainly beat Wall Street expectations with new subscribers and more.
But with talks “suspended” by the Alliance of Motion Picture and Television Producers on October 11, there was nothing ongoing today at the bargaining table.
In fact, no new deliberations between the AMPTP and the CEO Gang of Four and the Fran Drescher-led 160,000-strong union are scheduled, sources have confirmed.
Netflix co-CEO Ted Sarandos directly participated in the final successful round of bargaining with the WGA, along with Warner Bros.
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