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Billionaire Warns Hollywood Faces ‘Absolute Collapse’ If Strike Isn’t Resolved
Epoch Times ^ | 7-16-23 | Jack Phillips

Posted on 07/17/2023 5:56:18 AM PDT by dynachrome

A failure to resolve twin strikes of the writers’ and screen actors’ guilds could lead to “devastating effects” if no deal is reached soon, according to billionaire media mogul Barry Diller.

snip

Mr. Diller, a former Paramount Pictures CEO, said on July 16 that the situation could compound if not resolved quickly.

“These conditions will potentially produce an absolute collapse of an entire industry,” he told CBS News.

“I would call for a September 1 deadline. There’s a strike deadline. I think there should be a settlement deadline, because unless it happens by September 1 … The truth is, this is a huge business both domestically and for world export.

“These conditions will potentially produce an absolute collapse of an entire industry.”

(Excerpt) Read more at theepochtimes.com ...


TOPICS: Arts/Photography; Business/Economy; Humor; TV/Movies
KEYWORDS: amptp; barrydiller; billionaire; collapse; goodriddance; hollyweird; hollywood; letshopeso; sagaftra; strike
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To: dynachrome

decades of howood dissing and hating on any normal Americans, conservatives, patriots, Christians, and right thinking people and we’re supposed to be upset about howood?.....


101 posted on 07/17/2023 9:19:56 AM PDT by cherry
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To: cherry

The anti-white hate is taking some time off....


102 posted on 07/17/2023 9:20:36 AM PDT by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: Bonemaker

I don’t believe that for one minute, there are plenty of great stories yet to be told.. they just aren’t stories that involve lecturing and checkboxes.


103 posted on 07/17/2023 9:21:48 AM PDT by HamiltonJay
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To: dynachrome

Hollywood is already in the state of collapsing.


104 posted on 07/17/2023 9:22:32 AM PDT by windsorknot
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To: dynachrome

Oh, good.


105 posted on 07/17/2023 9:24:35 AM PDT by metmom (He who testifies to these things says, “Surely I am coming soon.” Amen. Come, Lord Jesus.)
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To: dynachrome

No one cares about Hollywood or Disney.
Both are ruled by unions and Hollywood.
They can both die together.


106 posted on 07/17/2023 9:28:33 AM PDT by Zathras
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To: EEGator

There are others but most of them hide to save their jobs.
Mel Gibson was nearly destroyed after his drinking issue but that was 20 years ago.
They still don’t like him because of “Braveheart”


107 posted on 07/17/2023 9:34:03 AM PDT by Zathras
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To: HamiltonJay

To each their own mate. However, at the risk of dating myself, there will never be another John Wayne, Jimmy Stewart, Humphrey Bogart, Audie Murphy, Bob Hope, James Cagney, Gary Cooper, Cary Grant, Peter Sellers, Steve McQueen, Clint Eastwood, Sidney Poitier, Kathryn Hepburn, Audrey Hepburn, Rita Hayworth, Jane Russell, Angie Dickenson and on and on. I guess it’s my age, the era I grew up in, and intense nostalgia for what was when America was still America.


108 posted on 07/17/2023 9:42:36 AM PDT by Bonemaker (invictus maneo)
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To: dynachrome

Broke pedophiles..


109 posted on 07/17/2023 9:45:31 AM PDT by stinkerpot65 (Global warming is a Marxist lie. )
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To: dynachrome

I guess that all depends on what your definition of “devastating” is.


110 posted on 07/17/2023 9:52:26 AM PDT by MayflowerMadam
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To: dynachrome

Ok.


111 posted on 07/17/2023 9:57:33 AM PDT by Pennsyltucky Boy (bitterly clinging to our constitutional rights in PA)
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To: Seruzawa

I wasn’t being serious I was making a joke!


112 posted on 07/17/2023 10:09:51 AM PDT by Reily (!!)
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To: Reily

I know. Not a bad one either.


113 posted on 07/17/2023 10:10:30 AM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Bonemaker

That was the era before actors started barfing their social and political opinions all over the media. The studios wouldn’t let them. There’s no mystique any more. Now they come out and support the most degraded perversions. And proudly. Clueless idiots. If you’d ever met actors you’d know that the word idiot is no exaggeration.


114 posted on 07/17/2023 10:15:46 AM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: dynachrome

Netflix from Korea will still have plenty of good Korean dramas available.


115 posted on 07/17/2023 10:48:50 AM PDT by Wuli
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Comment #116 Removed by Moderator

To: dynachrome

Let the whole thing collapse, it will be replaced maybe by a better system more responsive the film consumer.


117 posted on 07/17/2023 11:02:23 AM PDT by Captain Peter Blood
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To: dynachrome

Goodbye Hollywood...sounds like a song in their somewhere...


118 posted on 07/17/2023 11:05:05 AM PDT by rottndog (What comes after America?)
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To: Dandy

I’m okay with it, too. God won’t tolerate wickedness forever, so it could be a judgment from Him. That means more time with Him in prayer, with family, reading and in nature. Win-win!


119 posted on 07/17/2023 11:11:46 AM PDT by AmericanMermaid
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To: dynachrome

The streamers with libraries of old content will keep the corporations afloat (one of them, unfortunately, is Disney+) but for creators of new content it’s a sort of bleak picture. Will AI-enhanced creation be able to bring us such masterpieces as Snow Brown And The Seven Street People? Time will tell...


120 posted on 07/17/2023 11:17:21 AM PDT by Billthedrill
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