Disney CEO Bob Iger Says Writers and Actors Are Not Being ‘Realistic’ With Strike
During an appearance on CNBC’s “Squawk Box” Thursday morning, Disney CEO Bob Iger said that the writer’s and actors’ unions on strike in Hollywood are not being “realistic” with their contract demands and that the strike was “Disturbing” to him.
Related – Bob Iger says Disney will be Pulling Back on Marvel & Star Wars Content
Yesterday The National Board declared a strike of all covered services under the Producer –
SAG-AFTRA Codified Basic Agreement and SAG-AFTRA Television Agreements and their
related agreements (“TV/Theatrical Contracts”) and instructs all SAG-AFTRA members to cease
rendering all services and performing all work covered by the TV/Theatrical Contracts. The
strike extends to productions covered by any of the following agreements, effective at 12:01 AM
Pacific Time, July 14, 2023.
Speaking on CNBC’s “Squawk Box” with David Faber, Iger commented on the ongoing Writers Guild of America strike and the imminent decision for SAG-AFTRA to join them.
“It’s very disturbing to me. We’ve talked about disruptive forces on this business and all the challenges we’re facing, the recovery from COVID which is ongoing, it’s not completely back. This is the worst time in the world to add to that disruption,” Iger said. “I understand any labor organization’s desire to work on behalf of its members to get the most compensation and be compensated fairly based on the value that they deliver. We managed, as an industry, to negotiate a very good deal with the directors guild that reflects the value that the directors contribute to this great business. We wanted to do the same thing with the writers, and we’d like to do the same thing with the actors. There’s a level of expectation that they have, that is just not realistic. And they are adding to the set of the challenges that this business is already facing that is, quite frankly, very disruptive.”
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