Unlike Covid, which forced a sudden and immediate shutdown of feature film productions that ultimately cost the studios anywhere north of $30 million per pic, the Hollywood majors have been planning and bracing for the WGA strike that began today since last fall.
For several of the studios, their theatrical releases dated for 2024 are in post-production, though there are some exceptions.
The contracts for the DGA and SAG-AFTRA do not expire until June 30, and some movie productions are scheduled to start up before then.
Studios have figured out workarounds: a handful of tentpole productions are shooting overseas where there isn’t a heavy Teamsters presence, and the possibility of a shoot closing is less likely.
Read more on deadline.com
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