Those outside the U.S., not bound by SAG guidelines and with easier access to soft money, may be well-positioned to fill a looming production gap as dual Hollywood strikes drag on: 'We can get movies made — and big movies.'
A production slow-down is inevitable.
It, in fact, is already underway as many shovel-ready productions weigh whether to apply for interim agreements from the unions which allow them to go ahead with shooting but bind them to the terms SAG demanded of AMPTP back on July 12, including things like using specific metrics to calculate streaming residuals, terms the studios and streams have rejected. The ongoing writers strike —which has already lasted more than 130 days —means no new scripts are being written.
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