DelhiDesk The ongoing writers’ strike in Hollywood could potentially cause disruptions for web series that have garnered significant followings among urban, English-speaking audiences in India, according to industry experts. The Writers Guild of America has presented demands valued at $429m, which include higher minimum pay and increased residual payments from streaming platforms. This has led to writers ceasing work since early May, causing concern for executives from various platforms about the potential impact on upcoming programming. While the movie slate is less likely to be impacted, the web series business takes longer to write and produce, leaving streaming content in Hollywood potentially stuck if writing stops.
Follow DelhiBreakings on Google News
Here is the news bullets sorted by DelhiBreakings.com team.
👉 The ongoing writers’ strike in Hollywood may cause disruptions in web series popular among urban, English-speaking audiences in India.
👉 Tentpole Hollywood productions are meticulously planned, but writing and producing a series is typically more time-consuming.
👉 Executives from various platforms are apprehensive about the potential impact on upcoming programming.
👉 The Writers Guild of America has demanded higher minimum pay and increased residual payments from streaming platforms valued at $429 million.
👉 The union and the Alliance of Motion Picture and Television Producers are yet to reach a consensus in contract negotiations.
👉 The Indian market is dependent on local language originals, but international English content is fast catching up.
👉 The number of Indians watching international English content has ballooned from 19.1 million pre-pandemic to 85.2 million, up 124%.
👉 The movie slate is less likely to be impacted since most feature films are ready a few months before release.
👉 The strike was devastating for creators in the past, painful for local economies, and very bad for fans.
👉 Content cost estimates for 2023 do not include any potential impacts from the writers’ strike.
For superfast news and Delhi Breaking Stories visti us daily at https://delhibreakings.com
Something went wrong. Please refresh the page and/or try again.