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A Wall Street analyst predicts the Hollywood double strike could cost studios $450 to $600million more a year if they agree to raise compensation.
Moody's: "New collective bargaining agreements will ultimately cost Moody’s-rated companies an additional $450 million to $600 million a year."
Netflix will report second-quarter earnings. A THR preview looks at what Wall Street analysts expect from its password-sharing crackdown and ad tier.
Amid Hollywood’s historic double strike, Netflix is on deck after the market close on July 19 with its second-quarter report that will kick off media earnings season and shed light on its subscriber momentum, the progress of its cheaper advertising tier and the impact of its password-sharing crackdown. Popular second-quarter originals from the streamer have […]
While the WGA strike has been an "annoyance" for media companies, one Wall Street analyst says, the SAG-AFTRA walkout will be "much more disruptive."