Warner Bros Discovery have saved in the “low $100 million range” as the actors’ and writers’ strike continues to cripple Hollywood.
The actors’ and writers’ strike continuing to cripple Hollywood has led to Warner Bros Discovery saving in the “low $100 million range” in three months. Executives reported their spending has plummeted during the second financial quarter of the year as they revealed their earnings on Thursday. (03.08.23) Negotiations are still to resume between the unions and the studios, but WBD – whose stable includes its flagship Warner Bros film studio, as well as HBO and CNN Global – says it is currently projecting an “early September” end to the strikes and return to TV and film production. Variety repor...