Analytic Dreamz: Notorious Mass Effect - “SAG-AFTRA REACHES TENTATIVE AGREEMENT WITH HOLLYWOOD STUDIOS”

Episode Date: November 22, 2023

Linktree: https://linktr.ee/AnalyticIn this episode, we delve into the latest developments in the ongoing SAG-AFTRA strike, which has been disrupting the entertainment industry for nearly four months. After 118 days of picket lines and negotiations, a tentative deal has been reached between the union and the Alliance of Motion Picture and Television Producers (AMPTP). While the full details of the agreement have yet to be released, this marks a significant step towards ending the strike and bringing Hollywood back to life.Privacy & Opt-Out: https://redcircle.com/privacy

At this point, 2023 has been officially the rise of AI. Because the amount of problems that's been created based off of the evolution and AI has been staggering. And by staggering, I mean absolutely mesmerizing, honestly, because 118 days. Let me repeat that. a hundred and eighteen days actors spent on strike and basically if you don't know actors have their group called sag aftra they were striking due to them wanting protections and higher pay but no higher pay and protections against the use of artificial intelligence, which is AI, of course. And the impact of this was that several, and I mean, not even, that's an understatement,

almost all films, movies, well, same thing. All movies, TV shows were delayed. The biggest one that a lot of people was upset over was Dune, Part 2, and Spider-Man beyond the Spider-verse, I believe. I think that was supposed to come out in a short time span after the latest one we've just seen across the Spider-verse. But because it is strike, obviously, you know, no matter if you're acting in real life or in voice acting land, you're still an actor.

So that got delayed. Actors wasn't able to promote any of the movies, which is, if you ever look it up, the actors for Barbie, while they was putting up historic numbers, it was literally on the premiere set and they had to leave mid which i don't know if it was a play it seemed like it was a play because they left mid premiere on a on a short notice when the strikes started so that was so interesting to see because it was like did they do that on purpose because if you don't know barby i have to look at the numbers i'm no movie or tv show

expert but barby one of the biggest movies of the year i believe if not the biggest. So they did that at the premiere, Margaret Robbie. I don't remember all the other characters. I ain't going to lie. But they all walked off at a short notice after they started to strike and it really was impactful. Right. So this is the first time since 1960 that both actors and writers unions win on strike simultaneously. If you don't know, the writers came to agreement with the studios i believe like a like three or four weeks ago it's been a while so everybody's looking at the actors like are you all going to follow suit and it seemed like they wasn't about to follow suit it seemed like it was about to get spooky i mean even though it's been spooky with the strike

in general for the writers once the actors joined it was like okay well nothing's getting done now it's almost like if you're working at walmart and everybody's like hey how about we just band together and not come to work that's basically what what happened so there's a whole building right that could be making tons of money but since there's no workers in it the owners just sitting there like dang maybe we should pay these guys with their work so basically sack after reached a agreement with the studios that includes higher pay and protections against the use of artificial intelligence the reason why i'm saying it and that in like layman's terms because obviously contracts have a lot of stuff in them but basically that's all you need

know they was really wanting higher pay and protections against AI i think that was the biggest one because apparently disney was out here scanning people and then using AI to replicate their faces and other shows so they didn't have to get like a whole crowd every time they did like a scene outside of some crazy like that so they signed off on that and so they have more protection against a i which i don't know how i feel about that because i feel like studios will always find some type of way to get around it but hey to each his own so basically there was a big deal right even the president came out and you know it has economic um i don't know the word economic um yeah i totally forgot the word anyways yeah i could uh that was definitely a not top 10 moment but um even the president came out

to congratulate them coming to the agreement because this is a huge deal um Let's just say impact. So this has economic impact in the way that dollars will be spent to see these actors in any form of television. Like, escapism is a real thing and it generates revenue for the economy, right? So it would be a bad thing if we lost a very ginormous amount of revenue simply because the actors are on strike and the studios don't want to pay them what they're worth. So because of them coming to a fair. agreement quote unquote president Joe Biden came out and praised the deal highlighting successful collective bargaining and then the Los Angeles mayor Karen Bass

welcomed the fair agreement and emphasized the impact of the strikes on millions in Los Angeles and nationwide so basically they came out and basically talked about the overall landscape of the of how the strike affected I don't think that was a sentence. Anyways. Financial impact and cost savings, higher labor costs, of course, company cost savings.

Future production landscape is getting it to the point where now that everybody went on strike, now that they come back, the pressure on budgets for shows and movies are going to take it from one level to a higher level. So let's say you're shooting a mid-terror show, right?

and your actors went on strike. But now, now your budget will, let's say your budget was 30 million. Now it's going to go from 30 million to 60 million. Because guess what? Now you got to pay them more. So, hey, it'd be like that.

So industry insiders anticipate a shift in the production landscape with fewer projects because of this. So it's going to be harder to get a TV show off of the ground and they are predicting, and these are like experts. It's not just me just, you know, freestyle. This is like experts, read a lot of articles, is what they're saying.

Basically, there's going to be a decrease in the number of TV series in about a 20% reduction compared to pre-strike levels, simply because they have to pay more, right? You pay people more, they're going to find some way to get that money back. And what they're going to do is probably lay off more people. So it's a sad reality, but. I guess they came to a fair agreement, right? I mean, I guess they're back working.

Executives indicate that a move towards fiscal responsibility being more selective and picking up shows. Basically, what I was just saying previously, how they're going to spend money on certain people, and a lot of people are going to get left out. So as far as inclusion, diversity, I'd be interested to see how much of that is in TV shows and movies nowadays, because if you have to pay them more, you already know it's going to be a sort of, certain privilege for certain people. So now that you have to actually come out of pocket more, then they may go with the safer, what they think is safe bet than including more diversity. Hopefully that makes sense because obviously I don't want that to happen. But whenever I do see

stuff like this, I know they're working, they have like a trick up the sleeve. I never think, oh, it's a fair agreement. The studios just folded. Like, This is Disney. This is Amazon. This is Warner Bros. Like, this is big studios we're talking about. This is not just, uh, you're your mom and pop shop who you, uh, negotiating your contract with, right? This is the biggest of the, of the crop.

This is the cream of the crop, basically. So I think the studios will have something up to sleep. Um, I don't want to give like a pessimistic take on it. but I think I just did. So let's just get into the overview aspect of it of the industry, right? Because I'm not no movie or a TV show connoisseur unless it's Marvel. And, you know, that's a whole other discussion for another day. But basically the industry, the movie entertainment industry, right, the film industry,

doesn't expect an immediate bounce back simply because of the pace and the amount of time it would take to recover. And so that means that. that the future is uncertain in the industry as it tries to accommodate people by coming out of pocket more, but also realizing that with the streaming dominance, studios are losing money. I don't know if you know. Movies are not music. Music can literally be done by producer, rapper, and then that's it, right? Movies take a lot more workload to create. Like you know how people like Little Wayne or people like I don't know who'd be doing that a lot

Chris Brown or basically how they will come out in an interview and they will say man I did like 100 songs in the studio last night or they'll be like man I went in the studio and I swear I created like three four albums like you're never

going to hear a director coming to an interview and be like man I just made about five or six movies last night I ain't going to hold you like the amount of movies I just made and one night that's crazy nah it's never going to happen so for movies and TV shows

to be on streaming platforms that's going to lose the studios money I don't care how nobody's slices Netflix messed up the game for everybody I don't know why nobody ever acknowledges that like used to you had to go buy physical copies for music right you had to go to the movies to see well movies

but now you pay what that's why the streaming prices are also increasing if you don't know but now you pay 1299 or whatever to get a plethora of movies that each one of those movies saw well the big ones not the smaller ones each one of those movies could have been for like 14 to pop at the movie theater so studios are losing money and that's why this whole i'm not going to say that's why it happened but AI along with the stream and stuff i think is why this strike uh happened for the actors because actors was like if we don't no pun intended But if we don't act now, they're going to run this AI to the point where everybody's going to be copied in every single TV show. You're going to see your face put on another TV and realize you signed down the paper and gave it your soul away and your likeness, right? So it protects actors more, which I'm happy about. But in the grand scheme of things, I just think movies and TV shows needs to go back to the form of, as a consumer, I don't care.

hey 1299 for all the movies in the world y'all keep losing money i don't care i ain't gonna tell y'all how to you know what i mean that's that's almost like when uh people on twitter was like i can't believe this app is free that's basically what the studios are doing with these streaming platforms i'm like ain't no way y'all looked at this and it was like you know what this is the move so they're gonna find out the hard way you think all these musicians like that the music is available just for a subscription price on spotify amazon music Or Apple, no, they would rather you go to the store or even go to, I think on Apple, you can actually buy the album outright so you can like own it. So you can like download it and stuff.

For Spotify, I don't think so. So basically what I'm saying is it's a much larger conversation. That's the reason why studios was like, we ain't paying y'all more. We're losing money. You know, they can't really say that because then the stakeholders are going to be like, hold up, you lose some money. but you just told me, you know, you just told me this. So I invest more money. So, yeah, it's very interesting what we're at in entertainment industry.

And, you know, a lot of people don't care because, you know, like they said, they be calling the actors a fake job. I think that's so hilarious. I'm like, hey, no way, that's actually pretty funny. Because when it comes to escapism, I don't know what's a better form of entertainment besides a nice TV show or a nice movie. So anyways, with that being said, click my link to tree and my body. Let me know one of my social medias. What do you think about SAG after it finally coming after a hundred and eighteen days

Finally coming to an agreement with the studios and ending their strike and what do you think is the future ramifications of how long their strike lasted