• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

2

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

3

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

1

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

2

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

3

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
SuccessHollywood

Mark Ruffalo calls for actors and writers to rid Hollywood of ‘fat cats’ and its ‘empire of billionaires’

By
Chloe Taylor
Chloe Taylor
Down Arrow Button Icon
By
Chloe Taylor
Chloe Taylor
Down Arrow Button Icon
July 18, 2023, 11:03 AM ET
Mark Ruffalo
Mark Ruffalo, pictured in 2022, thinks the Hollywood strikes are an opportunity for actors and writers to cut “fat cats” out of the industry.Axelle/Bauer-Griffin/FilmMagic/Getty Images

Avengers star Mark Ruffalo is tired of “fat cats” ruling Hollywood—and he has an idea on how striking actors and writers can trigger a reset in the film industry.

Recommended Video

Ruffalo, who starred in the Oscar-winning movie Spotlight and played the Hulk in several Marvel movies, slammed the industry over the weekend for creating “an empire of billionaires” who believe actors and writers “are no longer of value.”

“While they hang out in the billionaire boy summer camps laughing like fat cats, we organize a new world for workers,” he said in a series of tweets.

U.S. actors’ union SAG-AFTRA, which has around 160,000 members, went on strike last week over pay, working conditions, and concerns relating to the use of A.I. in the film industry.

It joined the Writers Guild of America—a union representing thousands of Hollywood writers—which went on strike in early May, marking the industry’s biggest shutdown in more than six decades.

For the actors on strike, much of the breakdown in negotiations with the Alliance of Motion Picture and Television Producers (AMPTP) has been related to residual payments, the amount actors are paid for reruns of a movie or show they appeared in, which have been squeezed with the rise of streaming platforms.

Last year, the global box office takings rose 28% to $25.7 billion. While dollar figures are still below pre-pandemic levels, blockbusters helped lift profits at major studios including Universal, Warner Bros., and Paramount, according to The Hollywood Reporter.

Last month, an analysis by the Los Angeles Times revealed that average pay for Hollywood’s top executives surged by 53% between 2018 and 2021. The increase meant they were paid, on average, $28 million a year—around 108 times higher than the average writer’s income.

The top earners in Hollywood included the CEOs of Warner Bros. Discovery, Netflix, and Disney, the research showed, all of whom raked in nine-figure sums over the past five years.

Pivot to independent productions

Ruffalo suggested on Saturday that creatives seeking a better alternative to the studio-dominant model should “all jump into indie [films] now.”

“Content creators create a film- and TV-making system alongside the studio and streaming networks so there is actual competition,” he said. “Then we just do what we always do—create great content—and they can buy it, or we take it out ourselves and WE share in those sales.”

Currently, Ruffalo said, major Hollywood studios have no competition, but organized action could change that.

“One sure way to strengthen our hand right now is to become very supportive and friendly to all independent projects immediately,” he said.

“Push every SAG-AFTRA member to join the ones that get SAG-AFTRA (WGA) WAIVERS immediately. Share profits. If the project does well, everyone does well. This will also help our fellow filmmakers ‘The Crew,’ who we love, to keep working.”

Hollywood studios “a very greedy entity”

In a speech announcing the strike last week, SAG-AFTRA president Fran Drescher condemned the companies producing movies and TV series, echoing Ruffalo’s idea that those at the top are reaping too much of the financial reward for themselves.

“We are being victimized by a very greedy entity,” she said. “They plead poverty, that they’re losing money left and right, when giving hundreds of millions of dollars to their CEOs. It is disgusting. Shame on them. They stand on the wrong side of history at this very moment.”

Last week, Disney CEO Bob Iger argued striking writers and actors were not being “realistic” with their demands, labeling the walkout “very disturbing.” In 2019, Forbes estimated that Iger had a net worth of $690 million, and when he returned to the helm of Disney last year it was to an annual pay package of about $27 million.

Many working actors have been speaking from the picket lines about how they want streaming giants like Netflix, Amazon, and Disney to agree to a fairer division of their profits.

To fans of my character Bev on Reservation Dogs, here’s a peek behind the IHS counter at what part of my residuals looks like for acting on a show that I love. I pull in $.03 each quarter for UNLIMITED world wide streams on fx/hulu/DISNEY.
& Iger is yachting. #SAGAFTRAstrike pic.twitter.com/u6JjubmznZ

— jana (@janaunplgd) July 17, 2023

I haven’t acted much as an adult, but I WAS on a recurring character on one of the most critically acclaimed animated shows of all time, as well playing an actual Disney villain.

But thanks to streaming, I have never once made enough to qualify for SAG-AFTRA healthcare.

— Mara Wilson (@MaraWilson) July 13, 2023

#SAGAFTRA member Parvesh Cheena (#SometimesIThinkAboutDying) says he's picketing in front of Amazon Studios today because "I want my fair share of residuals. …Not all of us are Tom Cruise."
🎥 @jenyamato

More on the #sagstrikehttps://t.co/X4oSRcHR4r pic.twitter.com/i3TRcq9CcV

— Los Angeles Times (@latimes) July 14, 2023

Under the terms of the strike, SAG-AFTRA union members are not permitted to participate in any promotional activity, including movie premiers, which has already led to some unusual activity at high-profile events.

Saturday’s premiere of new Disney release The Haunted Mansion saw theme park characters walking the red carpet at the screening in Disneyland, as the movie’s striking stars were absent.

Meanwhile, the cast of the hotly anticipated blockbuster Oppenheimer ditched the film’s London premiere last week as the actors’ strike came into force.

In a statement on Monday, AMPTP said SAG-AFTRA had walked away from a deal worth more than $1 billion in pay rises, pension and health contributions, and residual increases.

“The AMPTP’s goal from day one has been to come to a mutually beneficial agreement with SAG-AFTRA,” a spokesperson said. “A strike is not the outcome we wanted. For SAG-AFTRA to assert that we have not been responsive to the needs of its membership is disingenuous at best.”

At the Fortune Workplace Innovation Summit, Fortune 500 leaders will convene to explore the defining questions shaping the workforce of the future—delivering bold ideas, powerful connections, and actionable insights for building resilient organizations for the decade ahead. Join Fortune May 19–20 in Atlanta. Register now.
About the Author
By Chloe Taylor
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

Anu Madgavkar, a partner at the McKinsey Global Institute
AIWorkplace Innovation Summit
McKinsey partner says up to 50% of work hours could be transformed within the next 5 years
By Emma BurleighMay 21, 2026
14 hours ago
Jeff Bezos
SuccessWealth
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
15 hours ago
Photo of MacKenzie Scott
SuccessMacKenzie Scott
MacKenzie Scott gave away more than $7 billion last year—but her secretive style got her snubbed from a top donors list
By Sydney LakeMay 21, 2026
16 hours ago
Ex-Facebook exec Sheryl Sandberg tells Gen Z the 10-year career plan is dead thanks to AI:  ‘Don’t script your career when the future is uncertain’
Successcareer
Ex-Facebook exec Sheryl Sandberg tells Gen Z the 10-year career plan is dead thanks to AI:  ‘Don’t script your career when the future is uncertain’
By Orianna Rosa RoyleMay 21, 2026
23 hours ago
elon
SuccessIPOs
SpaceX IPO targets $28.5 trillion total addressable market, mission to ‘make life multiplanetary’ and understand ‘true nature of the universe’
By Nick LichtenbergMay 20, 2026
1 day ago
Elon Musk sits with his fists together, looking up.
Commentaryspace
SpaceX will be worth trillions, but the space station that made it possible is worth even more — if we don’t squander it
By Tejpaul BhatiaMay 20, 2026
1 day ago

Most Popular

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
2 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
2 days ago
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
15 hours ago
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
Workplace Culture
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they pay
By Sydney LakeMay 20, 2026
1 day ago
A 'proudly autistic' workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas
Conferences
A 'proudly autistic' workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas
By Tristan BoveMay 20, 2026
1 day ago
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
Future of Work
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
By Mike Householder and The Associated PressMay 17, 2026
5 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.