Hollywood strike could end 'entire industry': former Paramount CEO

Diller suggested that the top executives and actors get a 25% pay cut.


The former CEO of Paramount Pictures, Barry Driller, warned that the Hollywood strike could doom the whole entertainment industry if it is not resolved soon.  

Diller appeared on CBS' "Face the Nation" and predicted that the writers' and actors' guild strike could lead to an entertainment industry downfall, saying, "T]here doesn't seem to be enough trust and energy to get it settled soon." 

"[If] it doesn't get settled until Christmas or so, then next year, there's not going to be any programs for anybody to watch. So, you're going to see subscriptions get pulled, which is going to reduce the revenue of all these movie companies." 

"These conditions will potentially produce an absolute collapse of an entire industry," he added.  

The union organization, the Writer's Guild of America (WGA), began striking on May 2, 2023. WGA was joined by SAG-AFTRA the next month in June. SAG-AFTRA is a union comprised of actors and many other entertainment content creators.  

Concerns of the workers are related to AI replacing writers, compensation structure, and minimum employees on teams.  

One of the proposals of the union was that the "writer's room" for a television series had to have at least a "minimum staff of 6 writers (including 4 Writer-Producers)." 

Another proposal is that during the production of a television series, writers wanted to be "guaranteed at least 10 consecutive weeks of work" and "3 weeks per episode." 

These employment minimum proposals were refused in the initial agreement by employers of WGA.  

The strike has been ongoing, and no settlement has been able to be agreed upon and big-name actors, such as Ben Stiller, just recently joined on picket lines with the writers. 

Diller added, "The problem with settlement in this case is there is no trust between the parties."  

"You have the actors union saying, 'How dare these 10 people who run these companies earn all this money and won't pay us.' Well, if you look at it on the other side, the top 10 actors get paid more than the top 10 executives." 

"Everybody is probably overpaid at the top end," Diller said.  

He suggested that the top executives and actors in the industry get a 25 percent pay cut in order to appease the lower-level employees on strike.

Sign in to comment



And the downside would be???

Powered by StructureCMS™ Comments

Join and support independent free thinkers!

We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.

Support The Post Millennial

Remind me next month

To find out what personal data we collect and how we use it, please visit our Privacy Policy

By signing up you agree to our Terms of Use and Privacy Policy
© 2023 The Post Millennial, Privacy Policy