Hollywood Actors Strike Possibility!
Come the summer there is a real threat of a Hollywood actors strike according to industry insiders.
While the entertainment industry is rushing to bring TV writers strike affected shows back on the air, the threat of renewed labour unrest by actors in the months ahead has put movie studios on high alert.
Filmmakers are postponing productions that cannot be completed before the expiration of the Screen Actors Guild’s Major Film and TV contract on June 30. This date is being treated as the union’s possible strike deadline.
An industry insider has said:
“The studios for the most part are not greenlighting any movies that would have to be in production after that (June 30) deadline,”
The renewed Labor anxiety has even got Hollywood’s leading insurance carrier, Fireman’s Fund Insurance Co, to now provide a never seen before “strike expense” policy for movie studios. The policy covers the costs of a strike-related production shutdown in the event that an actor’s illness, equipment damage or other unexpected loss pushes the shooting schedule of a movie past Screen Actors Guild’s June 30 contract deadline.