Disney won’t give a figure for the cost of the ongoing WGA strike yet, noting that the “new development” has not yet been quantified by the company.“We have not estimated that because that’s a new development and we haven’t really quantified what that is, because we don’t know how long it’s gonna last,” CFO Christine M.
McCarthy said of the WGA strike during Wednesday’s earnings call. Without the estimate, earnings guidance for the rest of the fiscal year, as expanded on during Wednesday’s call, do not include the expected impact of the strike.
The strike has already shut down production on several Disney projects, including Disney+’s “Blade,” which shut down its pre-production, Disney Channel’s “Bunk’d,” which paused its production, and ABC’s “Abbott Elementary,” which went dark after its writers’ room was set to reconvene for Season 3 pre-production in May.Almost all late night shows have shut down, with ABC’s “Jimmy Kimmel Live!” going on hiatus and playing repeats during its nightly time slot.
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