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

Hollywood studios reportedly want strikes to last until picketers lose their homes. Now, ‘Cinderella’ star Billy Porter has been forced to put his up for sale

By
Chloe Taylor
Chloe Taylor
Down Arrow Button Icon
By
Chloe Taylor
Chloe Taylor
Down Arrow Button Icon
August 9, 2023, 11:07 AM ET
Billy Porter attends the 62nd Annual Grammy Awards at the Staples Center on Jan. 26, 2020, in Los Angeles.
Billy Porter attends the 62nd Annual Grammy Awards at the Staples Center on Jan. 26, 2020, in Los Angeles.Frazer Harrison—Getty Images/The Recording Academy

Actor Billy Porter may have won an Emmy and appeared in a string of major studio productions—but the ongoing Hollywood strikes are forcing even him to make tough financial decisions.

Recommended Video

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

It joined the Writers Guild of America—a union representing thousands of Hollywood writers, who haven’t worked since early May—marking the industry’s biggest shutdown in more than six decades.

Ahead of SAG-AFTRA announcing its strike, Deadline reported that studio executives were gearing up for an extended stalemate between actors and the Alliance of Motion Picture and Television Producers (AMPTP)—with sources telling the publication that studios were willing wait it out for months.

“The end game is to allow things to drag on until union members start losing their apartments and losing their houses,” an anonymous studio executive told Deadline, with several other sources reportedly echoing the same stance.

Now, it appears that the strikes may be crossing that threshold.

Porter—who starred in the television series Pose and Amazon’s 2021 version of Cinderella, as well as making history as the first openly gay Black man to win an Emmy—told British newspaper the Evening Standard he was being forced to make major sacrifices because of the strikes.

“I have to sell my house,” he revealed in the interview.  

“We’re on strike, and I don’t know when we’re going to go back [to work],” Porter said. “The life of an artist, until you make f***-you money—which I haven’t made yet—is still check to check.”

Representatives for the SAG-AFTRA Foundation and AMPTP were not available for comment.

Porter told the Standard he was lined up to appear in a movie and a TV show from September—but now “none of that is happening.”

“So to the person who said: ‘We’re going to starve them out until they have to sell their apartments’—you’ve already starved me out,” he said.

For the actors on strike, much of the breakdown in negotiations with 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.

Many of those on the picket lines have taken to sharing their paychecks on social media, with some revealing they have received checks for as little as 3 cents for their parts in content made by major studios.

Taking on Disney

Porter also lashed out at Disney CEO Bob Iger, who publicly labeled striking actors’ and writers’ demands as unrealistic and “disturbing” last month.  

“To hear Bob Iger say that our demands for a living wage are unrealistic? While he makes $78,000 a day? I don’t have any words for it, but: f*** you,” he said in the Standard interview which took place in London.

When Iger returned to the helm of the entertainment giant last year, the annual compensation package Disney offered him was worth $27 million (almost $74,000 a day).  

A spokesperson for Disney was not available for comment on Porter’s interview.

“I’ve kept my mouth shut. I haven’t engaged, because I’m so enraged,” Porter said in last week’s interview. “I’m glad I’ve been over here. But when I go back [to the U.S.] I will join the picket lines.”

Porter isn’t the only actor facing tough financial circumstances because of the strike. The SAG-AFTRA Foundation, which assists striking members of the union financially, has been asking “high-profile talent” for donations to help those on the picket lines who it says are facing “dire necessity.”

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 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
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • 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
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

Hubbard
Future of WorkJobs
Carhartt CEO says they always focused on blue-collar workers—but hipsters came anyway: ‘We welcome anyone … that wants to celebrate hard work’
By Nick LichtenbergJanuary 13, 2026
7 hours ago
micro
Future of Workhybrid
‘Microshifting,’ an extreme form of hybrid working that breaks work into short, non-continuous blocks, is on the rise
By Nick LichtenbergJanuary 13, 2026
13 hours ago
North Americaphilanthropy
Meet the Nvidia billionaire giving away his wealth—His son’s cancer battle inspired a recent $100 million gift
By Jacqueline MunisJanuary 13, 2026
14 hours ago
Warren Buffett on the phone
SuccessProductivity
Gen X CEO uses AI versions of Steve Jobs and Warren Buffett as a ‘fantasy board of directors’ to help him prepare for meetings and performance reviews
By Preston ForeJanuary 13, 2026
14 hours ago
Photo of MacKenzie Scott
SuccessMacKenzie Scott
MacKenzie Scott is using her $26 billion philanthropy push to rescue organizations in danger after the Trump administration’s funding cuts
By Sydney LakeJanuary 13, 2026
14 hours ago
Jimmy Donaldson, also known as MrBeast
SuccessBillionaires
Despite his $2.6 billion net worth, MrBeast says he’s having to borrow cash and doesn’t even have enough money in his bank account to buy McDonald’s
By Emma BurleighJanuary 13, 2026
15 hours ago

Most Popular

placeholder alt text
Newsletters
The oil CEO who stood up to Trump is a follower of the disciplined 'Exxon way' and has a history of blunt statements
By Jordan BlumJanuary 13, 2026
21 hours ago
placeholder alt text
Tech
Elon Musk asked people to upload their medical data to X so his AI company could learn to interpret MRIs and CT scans
By Sasha RogelbergJanuary 11, 2026
3 days ago
placeholder alt text
Economy
Treasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior
By Eleanor PringleJanuary 12, 2026
2 days ago
placeholder alt text
Economy
The longer the Supreme Court delays its tariff decision, the better it is for President Trump
By Jim EdwardsJanuary 13, 2026
20 hours ago
placeholder alt text
Success
Despite his $2.6 billion net worth, MrBeast says he’s having to borrow cash and doesn’t even have enough money in his bank account to buy McDonald’s
By Emma BurleighJanuary 13, 2026
15 hours ago
placeholder alt text
AI
'Godfather of AI' says the technology will create massive unemployment and send profits soaring — 'that is the capitalist system'
By Jason MaJanuary 12, 2026
2 days ago

© 2025 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.