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With a potential writers’ strike looming, Marvel Studios’ business could very possibly be impacted with regard to its upcoming MCU movies.The Writers Guild of America (WGA) is currently attempting to negotiate a new contract with the Alliance of Motion Picture & Television Producers (AMPTP). Failure to reach a deal by midnight on Monday, May 1 would result in a writers’ strike Baylor University Tees If a strike were to happen, no Hollywood writers would be permitted to do their job until a new contract is signed with the studios. A strike would mean writers could go months without pay, so ideally, the WGA and the AMPTP would come to an agreement today so that writers would get paid fairly and their livelihoods would not be disrupted.
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Is a WGA strike an absolute certainty? No, but time is quickly running out.The guild and the studios are locked in negotiations and insiders have stated that the two sides are still far away from a deal. With the WGA’s contract set to expire at exactly 11:59 on Monday, May 1, and no extensions of that deadline in the cards, it could very well be that the writers will walk Baylor University Tees Some may remember the last time that the Writers Guild took to the picket lines in 2007 into 2008. It was a disastrous time for Hollywood and the film industry lost over a billion dollars because of it.The Directors Guild of America is also set to begin renegotiation of their contract with the studios in May as well. And while the DGA is considerably more powerful than the WGA, if they were to undergo a work stoppage on top of the writers doing the same, the impact on Hollywood’s business would be cataclysmic. But all hope is not lost. There’s a very real possibility that an agreement can be reached, even as the clock continues to tick down to midnight tomorrow.
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