|
Learning English - Words in the News
05 January, 2009 - Published 13:22 GMT
Hollywood economy worries
|
||||||||||||
Hollywood is preparing for another uncertain New Year with the possibilty of a strike by actors. The strike could happen before the end of February after a vote by the Screen Actors Guild. Several high profile actors have urged the guild to back-off from industrial action. This report by Peter Bowes: The recession and the prospect of another strike in Hollywood could combine to make it a miserable New Year for the entertainment business.
The global credit crunch is making it much more difficult for studios to get funding for big budget pictures. High earning actors are being asked to lower their expectations and accept more modest salaries. The Screen Actors Guild has said it will ballot its 120,000 members on a possible strike, although it needs a 75 per vote in favour before a walkout can be authorised by the union's leaders. The mood of many is that now is not the time to rock the boat and that the fight over payments for work on the internet should wait until a later date. Well known actors such as George Clooney and Tom Hanks have urged the Guild to reconsider its strategy. The biggest casualty of a fresh round of industrial action, could be the Oscars ceremony. This year the show went ahead, but in a subdued fashion. The screenwriters strike, which lasted a 100 days, sapped the enthusiasm of Hollywood for the traditional party. But it's an event the studios rely on as a global shop front for their movies. Peter Bowes, BBC, Los Angeles the prospect of big budget pictures more modest salaries a walkout to rock the boat urged to reconsider its strategy a subdued fashion sapped the enthusiasm a global shop front |
Latest stories
30 November, 2009
New guidelines for fighting HIV
30 November, 2009
Dubai dream turns sour
25 November, 2009
'Trousers woman' defies travel ban
24 November, 2009
Oprah's show to end
23 November, 2009
India to import rice grains Other Stories
|
|||||||||||
|
|
||||||||||||