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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
By Thomas Seal and Charlotte Hughes-Morgan
The UK film industry is reckoning with its streaming-fueled reliance on US media giants after Hollywood strikes have thrown thousands of jobs into limbo.
The Writers Guild of America and Screen Actors Guild <-bsp-bb-link state="{"bbDocId":"RZ6MTOT1UM0W","_id":"00000189-f4d5-d65e-a1eb-f7fd4a0c0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">walked out over pay in May and July respectively after talks with the studios’ Alliance of Motion Picture & Television Producers failed. UK unions are not on strike but crews working on US-funded productions now find themselves with no income in the midst of a cost-of-living crisis.
<-bsp-bb-link state="{"bbHref":"bbg://securities/1306722Z%20LN%20Equity","_id":"00000189-f4d5-d65e-a1eb-f7fd4a120000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Pinewood Studios, Britain’s largest and most famous studio group, home to the James Bond franchise, told investors this …
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