The CEO of the Walt Disney Company emphasized the importance of creatives during an earnings call.
The Big Picture Bob Iger, the current CEO of The Walt Disney Company, stated during today's earnings call that he hoped the dual strike can "end quickly", as the Writers Guild of America arrives to its 100th day without working. The conflict began to escalate when studios refused to pay fair wages to their workers, prompting SAG-AFTRA to join the writers after a short period of time.
It is my fervent hope that we quickly find solutions to the issues that have kept us apart these past few months, and I am personally committed to achieve this result. One of the central topics discussed in the ongoing strike is how actors and writers are paid almost no money when a show or movie they worked on is performing well on streaming platforms. Regardless if the product is a part of the Netflix or Max catalogs, most members of the guilds can't earn enough to have a sustainable career out of their work, while the projects they were a part of generate millions of dollars for the studios.
When it comes to Disney itself, plenty of their major productions will be pushed back as a result of the strike. Deadpool 3 will mark the return of Ryan Reynolds as the Marvel superhero who never seems to shut up. The sequel will also star Hugh Jackman, who will play Wolverine for the first time in more than five years.
The Galaxy Far, Far Away is Also In Trouble Every major franchise at Disney is suffering the consequences of the strike, including Star Wars. The lack of theatrical releases from the franchise has made it focus on television series that premiere on Disney+, but even those won't be able to see the light of the day until the conflict reaches its conclusion.
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