https://twitter.com/CultureCrave/status/1678968736680902656

    • GnastyGnuts [he/him]
      ·
      1 year ago

      If you don't log in to twitter you can't read the thread there, but I found it on "threadreaderapp": https://threadreaderapp.com/thread/1678960256586776576.html

      And right on cue, here’s the inevitable Deadline article claiming that the AMPTP and their CEO bosses are ready to wait us out and let us “go broke.”

      They’re not. They can’t. This studio propaganda, and here’s why.

      In the increasingly mega-merged and hedgefundified Hollywood, these companies live or die on their quarterly earnings reports. It only takes one bad quarter for their stock price to plunge, putting the company and the CEO’s job in jeopardy.

      But their stock prices are holding steady, right? Right. For now. Because our industry is a pipeline that starts with writers. The TV and movies they’re releasing now are shows we started making for them 4-12 quarters ago. But what happens when that pipeline runs dry? What happens is they run out of product. No new shows in streaming to drive and sustain subscribers. No new shows in broadcast and ad-supported to bring in ad revenue.

      No shows, no money. No money, bad earnings report. Bad earnings report, bye-bye stock price. Bye-bye CEO. After 70+ days with no writers to create their product for them, the pipeline is running dry.

      Their stock price isn’t tanking yet. But if they don’t make a deal with us, it will.

      And they know it. If they make a deal soon, they might be able to weather it. Stretch out releases. Rush some new stuff through.

      But the longer they keep us out, the longer that pipeline runs dry, the more unavoidable a catastrophic dip in new high-quality shows becomes.

      And they know it. So yeah, the studios are planting articles in the trades that make it sound like they’re so determined not to pay us the 0.02% of company revenues we’re asking for that they’re willing to hold out forever.

      Bullshit. I’m sure the AMPTP bosses would love to break our union. But they love their jobs more. They love money more. They can’t make that money without us.

      And they know it.

      Ignore the trades, walk the line, stand together, and win. #WGAStrong