this post was submitted on 12 Aug 2023
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Work Reform

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The sorry state of streaming residuals shows why SAG and the WGA are striking.

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[–] Puzzle_Sluts_4Ever@lemmy.world 22 points 1 year ago

Yeah... never trust any budgetary data coming out of "hollywood". Hollywood Accounting is a thing and it mostly boils down to shifting expenditures and cooking the books to maximize profits for the studios while minimizing payouts for the talent.

Just apply a bit of common sense here: Studios make money off of film releases. They have a few in the can, as it were, but are rapidly running out. The SAG+WGA strike means they can't make any new releases (unless they were already set up to mostly be overseas production companies). You can argue that you are saving money for Q2 but Q3 is going to be a bloodbath.