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

Trendingnow

1

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’ 

2

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

3

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics

1

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’ 

2

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

3

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
FinanceHollywood

Hollywood writers and studios fail to restart contract negotiations: ‘There is no agreement’

By
Christopher Palmeri
Christopher Palmeri
,
Caelyn Pender
Caelyn Pender
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Christopher Palmeri
Christopher Palmeri
,
Caelyn Pender
Caelyn Pender
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
August 5, 2023, 11:19 AM ET
Members and supporters of SAG-AFTRA and WGA walk the picket line at Fox Studios on August 3, 2023 in Los Angeles.
Members and supporters of SAG-AFTRA and WGA walk the picket line at Fox Studios on August 3, 2023 in Los Angeles.Amanda Edwards/Getty Images

Screenwriters and the group representing big Hollywood studios failed to resume talks about a new contract Friday after the Alliance of Motion Picture & Television Producers said it needed to consult with members.

Recommended Video

The two groups met Friday for confidential discussions to lay the groundwork for official negotiations, which included requests from studio representatives for a press blackout among items, according to the Hollywood actors’ union. The guild later accused the other side of leaking details of the meeting.

The parties traded barbs earlier in the week, three months into a strike that has largely shut down film and TV production across the country. An untitled Ghostbusters sequel previously scheduled for December has been pushed back to March of next year, while Sony Pictures pulled the release date for Spider-Man: Beyond the Spider-Verse.

The Writers Guild of America negotiating committee told members Friday night that it “remains willing to engage with the companies and resume negotiations in good faith to make a fair deal for all writers.”

“As of now, there is no agreement on these items, because the AMPTP said they needed to consult with their member studios before moving forward,” the guild said.

Earlier this week, the group said that the studios requested the meeting to discuss restarting talks. In a message to its members Thursday afternoon, the guild accused the companies of orchestrating a disinformation campaign, suggesting the work stoppage was good for them financially.

The guild said that when the writers last struck, in 2007, talks resumed, only to fall apart again.

The producers’ alliance, which represents big media companies such as Walt Disney Co. and Netflix Inc., said last week that it was trying to determine whether the writers’ guild was a “willing bargaining partner,” calling the group’s rhetoric “unfortunate.”

The guild, which counts some 11,500 scribes as members, walked off the job on May 2. They have been calling for an 11% increase in their base pay, a share of revenue from streaming TV services and assurances they won’t be replaced by a new generation of artificial intelligence.

The 160,000-member Screen Actors Guild, making similar demands, went on strike last month. The twin labor actions, which haven’t occurred simultaneously in more than 40 years, have forced big media companies to rejigger their fall TV schedules and postpone new film releases. Actors aren’t allowed to promote their work while on strike.

    — With Danny Lee

    Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
    About the Authors
    By Christopher Palmeri
    See full bioRight Arrow Button Icon
    By Caelyn Pender
    See full bioRight Arrow Button Icon
    By Bloomberg
    See full bioRight Arrow Button Icon

    Latest in Finance

    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 Finance

    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
    39 minutes ago
    Current price of Ethereum for May 21, 2026
    Personal FinanceEthereum
    Current price of Ethereum for May 21, 2026
    By Joseph HostetlerMay 21, 2026
    3 hours ago
    Current price of Bitcoin for May 21, 2026
    Personal FinanceCryptocurrency
    Current price of Bitcoin for May 21, 2026
    By Joseph HostetlerMay 21, 2026
    3 hours ago
    Current price of gold as of May 21, 2026
    Personal Financegold prices
    Current price of gold as of May 21, 2026
    By Danny BakstMay 21, 2026
    3 hours ago
    Top CD rates from major banks May 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    Personal FinanceCertificates of Deposit (CDs)
    Top CD rates from major banks on May 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    By Joseph HostetlerMay 21, 2026
    3 hours ago
    Current price of oil as of May 21, 2026
    Personal FinanceOil
    Current price of oil as of May 21, 2026
    By Joseph HostetlerMay 21, 2026
    3 hours ago

    Most Popular

    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
    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
    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
    4 days ago
    Dr. Bernice King on why companies that walked back DEI were never truly committed: 'If you retreat that quick…that reveals who you really are'
    Workplace Culture
    Dr. Bernice King on why companies that walked back DEI were never truly committed: 'If you retreat that quick…that reveals who you really are'
    By Preston ForeMay 19, 2026
    2 days 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
    20 hours ago
    Current price of oil as of May 20, 2026
    Personal Finance
    Current price of oil as of May 20, 2026
    By Joseph HostetlerMay 20, 2026
    1 day 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.