Iger voiced optimism that Hollywood can “quickly find solutions” to the ongoing strikes during Disney’s most recent earnings conference.
The writers’ union, the Writers Guild of America, and the actors’ union, SAG-AFTRA, are still on strike, which has had a significant influence on how the entertainment business produces films and television programs. As topics like fair pay and artificial intelligence continue to generate discussion, the conditions surrounding the strikes have changed. Disney CEO Bob Iger made headlines last month just as the SAG-AFTRA strike was about to start for declaring the aims of the strike “not realistic”; nevertheless, he is now adopting a new perspective on the strike. Iger stated that he is “personally committed” to ending the strikes and that he cherishes the creative community on Wednesday during Disney’s quarterly earnings call.
Iger said, in part, “And speaking of the content we produce, I’d like to say a few words about the ongoing strikes.” The ties this organization has with the creative community—which includes performers, writers, animators, directors, and producers—are of utmost importance. I deeply appreciate and value everyone who contributes to the tremendous creative engine that powers this business and our sector. I sincerely hope that we can resolve the problems that have been separating us for the past several months swiftly, and I will do everything in my power to see that it happens.
What Opinions About the Strike Did Bob Iger Express?
Iger previously described the strike as “very disruptive” when making an appearance on CNBC’s Squawk Box. He also said that the demands of both unions are not “realistic” given the existing structure of the sector.
Iger admitted, “I find it to be very unsettling.” “We’ve discussed the disruptive factors that are affecting our industry and all the difficulties we’re having, including the recovery from COVID, which is ongoing and isn’t fully recovered. The worst possible time to increase that disturbance is right now. I comprehend any labor organization’s desire to fight for its members’ rights to the highest pay and just recompense based on the value they provide. With the Directors Guild, we were able to come at an agreement that recognizes the importance that the directors bring to this fantastic industry. The same thing that we wanted to accomplish with the authors, we also wanted to do with the performers.
Why Is SAG-AFTRA Walking Out?
Following four weeks of discussions with the Alliance of Motion Picture and Television Producers and an ongoing negotiating extension from June 30 to July 12th, SAG-AFTRA leaders announced last month that the strike will begin. The national board of SAG-AFTRA unanimously decided to submit an authorization vote to its members back in May, and 97.91% of those members eventually voted to authorize.
When the strike was announced, SAG-AFTRA president Fran Drescher remarked, “I think that [audiences] have an allegiance to all of us because we bring joy to their lives, and during COVID, they turned to us for everything.” The individuals who offer them so much and improve their lives in so many ways are saying, ‘We are being taken advantage of in a terrible way.’ So I don’t believe your idea that kids don’t really care about anything other than being amused over the summer is the main issue. And if we allow this to occur, dollars for doughnuts, it will also affect your family, your kids, and everyone else you work with. That is how dangerous the situation is right now.