The move comes as the Writers Guild of America strike enters its fifth month — with no end in sight.
in July, the first time both unions have been on strike simultaneously in 63 years. The leaders of both unions argue that their members have been economically disadvantaged by the rise of streaming.
Representatives for the WGA, SAG-AFTRA and the AMPTP did not immediately respond to requests for comment Thursday. Representatives for Kaling, Abrams and Lawrence also did not immediately respond to requests for comment.this week that the media corporation assumes that it will be"negatively impacted" by the dual strikes to the tune of up to $500 million.
"WBD is hopeful that these strikes will be resolved soon," the company said in the filing," but"it cannot predict when the strikes will ultimately end ... The Company now assumes the financial impact to WBD of these strikes will persist through the end of 2023." Warner Bros. Discovery's portfolio includes the Warner Bros. Pictures movie studio, the Max streaming service, and cable channels such as CNN, TBS, TNT and Turner Classic Movies.
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