Moody’s Sees New WGA, SAG-AFTRA Contracts Costing Studios Up To $600 Million A Year
Theyre likely to trim postproduction spending and special effects. SAG-AFTRA announced a deal with the AMTPT this weekfollowing an agreement between studios and WGA in October. The DGA reached a deal with studios in July, with no strike. Getty The $450-$600 million range was what Moodys cited then. SAG-AFTRA valued the actors total contract at more than $1 billionin total over three years. That could means more imported content and stories that perform better across borders....