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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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SAG-AFTRA & Studio CEOs Start Talks Today With Revenue Sharing Still Divisive Issue; “Be Cautious” Expecting A Quick Deal, Town Warned

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deadline.com

Back at the bargaining table Monday for the first time in more than two and a half months, SAG-AFTRA and the Hollywood studios and streamers have a long way to go to make a deal – even with the momentum gained by the end of the writers’ strike. “No one is going into this overly confident or assuming it’s going to be easier because the writers have made their deal,” a well-positioned guild member told Deadline of the renewed talks, which we exclusively revealed last week. “Let’s be cautious, there is some serious ‘wait and see’ here,” the SAG-AFTRA member added. “Wait and see what they bring new to the table, what they are willing to reconsider.

Wait and see if they have really changed their tune or if this is the old AMPTP back in the room.” Following the expiration of their contract June 30 and a nearly two-week extension in negotiations, the 160,00-strong actors union went out on strike July 14.

Ever since, they have picketed studio gates and headquarters alongside the Writers Guild of America, which went on strike May 2.

After five days of whirlwind talks over previously “intractable” issues like AI protections, data transparency, significantly increased residuals and writers room staffing, the scribes and studio CEOs reached an “exceptional,” as the WGA called it, tentative agreement on September 24 just before sundown.

Read more on deadline.com
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