Hollywood stars strike outside Netflix and Disney as productions in UK are suspended
US actors and writers have come out in force to protest outside some of the biggest production companies in the world in a move set to paralyse Hollywood’s film and TV industry.
For the first time in 63 years, both SAG-AFTRA (the Screen Actors Guild – American Federation of Television and Radio Artists) and WGA (the Writers Guild of America) simultaneously took to the streets of Los Angeles in a bid for fairer pay, better working conditions and addressing the concerns of AI use in production.
Ted Lasso star Jason Sudeikis, Titanic actress Frances Fisher and radio and TV host Billy Bush were some of the famous faces spotted on the picket line as the joint protests started on Friday.
Ted Lasso actor, Jason Sudeikis. Pic: AP/RW/MediaPunch /IPX
Discussions broke down between the unions and the Alliance of Motion Picture and Television Producers (AMPTP) which represents film studios, TV networks and streaming services.
Actors and writers claim their residual pay, money received from film and TV episode reruns, have been hit hard due to the streaming boom – broadcast TV rates were much higher.
Series have become shorter, breaks between seasons longer, and the unions say that although series budgets are rising, that increase is not being reflected in the share of the money coming to performers.
Actors also see their jobs as especially vulnerable to new technology, with AI able to replicate facial expressions, body movement and voice with alarming accuracy.
Members of both unions marched outside major studios including Warner Bros, Netflix and Disney. The 11,500 screenwriters belonging to WGA have been demonstrating since May.
Pic: AP
Pic: AP
Strikes took place outside Warner Bros. studios too. Pic: AP
What about British cinema?
The chief executive of the UK Cinema Association, Phil Clapp, said the strike may cause “little, if any, disruption” to British theatres for the “foreseeable future”, but premieres may not see the glamour of stars on the red carpet.
“While it will clearly be for each individual to make their own decision, it may be that until the dispute is resolved we will see some premieres not being supported by the ‘talent’ in front of or behind the camera,” he said.
“In terms of wider UK cinema-going, given the challenges UK cinema operators have faced in the last few years, all will be concerned by anything which might potentially threaten the supply of films to the big screen, and so it is very much hoped that there will be a quick resolution.
“Unless the current strike is a protracted one, we are confident that cinemas will see little if any disruption in the foreseeable future.”
Some productions in the UK have already been suspended as a result of the strike; Marvel’s Deadpool 3, featuring Ryan Reyolds and Hugh Jackman, has paused its filming in Norfolk.
Pictures also emerged this week of the abandoned set of Wicked in Buckinghamshire, after its stars Ariana Grande and Cynthia Eviro posted in support of the strike on social media.
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Oppenheimer cast support strike
Further solidarity was expressed by celebrities including George Clooney, Alec Baldwin and Halle Berry.
“This is an inflection point in our industry,” Clooney said in a statement. “Actors and writers in large numbers have lost their ability to make a living.
“For our industry to survive that has to change. For actors that journey starts now.”
Baldwin, who had all criminal charges dropped against him 18 months after Halyna Hutchins was shot dead on a film set, congratulated the union for calling the strike in order to protect its “rank and file” members.
“I don’t think anybody really wants a strike but they don’t want to continue under the unfair contracts that we’re working under now,” he said.
“So congratulations to everybody and I hope this is over right after we get everything we want.”
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Brian Cox: ‘Strikes may get unpleasant’
During the London premiere of the historical epic Oppenheimer on Thursday, actors including Matt Damon, Robert Downey Jr, and Emily Blunt left the red carpet to “write their picket signs”, the film’s director Christopher Nolan said.
Meanwhile, Succession star Brian Cox said the strike could get “very unpleasant” and may not be resolved until the end of the year.
The 1960 Hollywood revolt began and ended with screenwriters protesting for 148 days, with 42 days of actors striking sandwiched in between.
There had been no further dual strikes until now.
US
Financial markets were always going to respond to Trump tariffs but they’re also battling with another problem
Stock markets around the world fell on Thursday after Donald Trump announced sweeping tariffs – with some economists now fearing a recession.
The US president announced tariffs for almost every country – including 10% rates on imports from the UK – on Wednesday evening, sending financial markets reeling.
While the UK’s FTSE 100 closed down 1.55% and the continent’s STOXX Europe 600 index was down 2.67% as of 5.30pm, it was American traders who were hit the most.
Trump tariffs latest: US stock markets tumble
All three of the US’s major markets opened to sharp losses on Thursday morning.
The S&P 500 is set for its worst day of trading since the COVID-19 pandemic. File pic: AP
By 8.30pm UK time (3.30pm EST), The Dow Jones Industrial Average was down 3.7%, the S&P 500 opened with a drop of 4.4%, and the Nasdaq composite was down 5.6%.
Compared to their values when Donald Trump was inaugurated, the three markets were down around 5.6%, 8.7% and 14.4%, respectively, according to LSEG.
Worst one-day losses since COVID
As Wall Street trading ended at 9pm in the UK, two indexes had suffered their worst one-day losses since the COVID-19 pandemic.
The S&P 500 fell 4.85%, the Nasdaq dropped 6%, and the Dow Jones fell 4%.
It marks Nasdaq’s biggest daily percentage drop since March 2020 at the start of COVID, and the largest drop for the Dow Jones since June 2020.
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The latest numbers on tariffs
‘Trust in President Trump’
White House press secretary Karoline Leavitt told CNN earlier in the day that Mr Trump was “doubling down on his proven economic formula from his first term”.
“To anyone on Wall Street this morning, I would say trust in President Trump,” she told the broadcaster, adding: “This is indeed a national emergency… and it’s about time we have a president who actually does something about it.”
Later, the US president told reporters as he left the White House that “I think it’s going very well,” adding: “The markets are going to boom, the stock is going to boom, the country is going to boom.”
He later said on Air Force One that the UK is “happy” with its tariff – the lowest possible levy of 10% – and added he would be open to negotiations if other countries “offer something phenomenal”.
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How is the world reacting to Trump’s tariffs?
Economist warns of ‘spiral of doom’
The turbulence in the markets from Mr Trump’s tariffs “just left everybody in shock”, Garrett Melson, portfolio strategist at Natixis Investment Managers Solutions in Boston, told Reuters.
He added that the economy could go into recession as a result, saying that “a lot of the pain, will probably most acutely be felt in the US and that certainly would weigh on broader global growth as well”.
Meanwhile, chief investment officer at St James’s Place Justin Onuekwusi said that international retaliation is likely, even as “it’s clear countries will think about how to retaliate in a politically astute way”.
He warned: “Significant retaliation could lead to a tariff ‘spiral of doom’ that could be the growth shock that drags us into recession.”
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Tariffs about something more than economics: power
It comes as the UK government published a long list of US products that could be subject to reciprocal tariffs – including golf clubs and golf balls.
Running to more than 400 pages, the list is part of a four-week-long consultation with British businesses and suggests whiskey, jeans, livestock, and chemical components.
Meanwhile, Prime Minister Sir Keir Starmer said on Thursday that the US president had launched a “new era” for global trade and that the UK will respond with “cool and calm heads”.
It also comes as Canadian Prime Minister Mark Carney announced a 25% tariff on all American-imported vehicles that are not compliant with the US-Mexico-Canada trade deal.
He added: “The 80-year period when the United States embraced the mantle of global economic leadership, when it forged alliances rooted in trust and mutual respect and championed the free and open exchange of goods and services, is over. This is a tragedy.”
Tanking stock markets, collapsing world orders, devastating trade wars; economists with their hair ablaze are scrambling to keep up.
But as we try to make sense of Donald Trumps’s tariff tsunami, economic theory only goes so far. In the end this surely is about something more primal.
Power.
Understanding that may be crucial to how the world responds.
Yes, economics helps explain the impact. The world’s economy has after all shifted on its axis, the way it’s been run for decades turned on its head.
Instead of driving world trade, America is creating a trade war. We will all feel the impact.
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PM will ‘fight’ for deal with US
Donald Trump says he is settling scores, righting wrongs. America has been raped, looted and pillaged by the world trading system.
But don’t be distracted by the hyperbole – and if you think this is about economics alone, you may be missing the point.
Above all, tariffs give Donald Trump power. They strike fear into allies and enemies, from governments to corporations.
This is a president who runs his presidency like a medieval emperor or mafia don.
It is one reason why since his election we have seen what one statesman called a conga line of sycophants make their way to the White House, from world leaders to titans of industry.
The conga line will grow longer as they now redouble their efforts hoping to special treatment from Trump’s tariffs. Sir Keir Starmer among them.
President Trump’s using similar tactics at home, deploying presidential power to extract concessions and deter dissent in corporate America, academia and the US media. Those who offer favours are spared punishment.
His critics say he seeks a form power for the executive or presidential branch of government that the founding fathers deliberately sought to prevent.
Whether or not that is true, the same playbook of divide and rule through intimidation can now be applied internationally. Thanks to tariffs
Each country will seek exceptions but on Trump’s terms. Those who retaliate may meet escalation.
This is the unforgiving calculus for governments including our own plotting their next moves.
The temptation will be to give Trump whatever he wants to spare their economies, but there is a jeopardy that compounds the longer this goes on.
Read more:
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Trump hits island home only to penguins with 10% tariffs
Could America’s traditional allies turn to China? Pic: AP
Malcolm Turnbull, the former Australian prime minister who coined the conga line comparison, put it this way: “Pretty much all the international leaders I have seen that have sucked up to Trump have been run over. The reality is if you suck up to bullies, whether it’s global affairs or in the playground, you just get more bullying.”
Trading partners may be able to mitigate the impact of these tariffs through negotiation, but that may only encourage this unorthodox president to demand ever more?
Ultimately the world will need a more reliable superpower than that.
In the hands of such a president, America cannot be counted on.
When it comes to security, stability and prosperity, allies will need to fend for themselves.
And they will need new friends. If Washington can’t be relied on, Beijing beckons.
America First will, more and more, mean America on its own.
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