SAG-AFTRA Board Approves Contract, Where 2024’s Blockbuster Releases Stand and Apple Boosts Streaming Demand but Engagement Lags

Elon Musk biopic lands at A24, Taylor Swift, SZA, 'Barbie’ dominate Grammy noms and ‘The Marvels’ opens to just $6.6M [SAG-AFTRA President Fran Drescher and National Executive Director Duncan Crabtree-Ireland]( [SAG-AFTRA Board Approves Contract With 86% Vote, Fran Drescher Breaks Down Path to the Deal]( By Jeremy Fuster and Kristen Lopez SAG-AFTRA’s national board approved the tentative agreement that was negotiated with Hollywood studios with an 86% approval vote on Friday. Union leaders Fran Drescher and Duncan Crabtree-Ireland unveiled key details of the new contract during a press conference, where they touted it as an agreement that reflects the changed nature of the entertainment industry. The ratification vote will begin on Tuesday and will go through the first week of December, and a summary of the contract will be released on Monday. “We are exceedingly grateful for all the support from the entertainment unions throughout the strike. This victory is for all of us,” Crabtree-Ireland said. “While the gains in these new contracts will keep the entertainment industry sustainable for working class performers, they serve as an example of what can be accomplished through collective action and solidarity.” [Read More]( --------------------------------------------------------------- [The State of 2024's Blockbuster Release Dates After the Strike]( By Kristen Lopez With SAG-AFTRA and the AMPTP reaching a tentative deal on Wednesday, Hollywood production is preparing to resume as quickly as humanly possible, with studios in a mad dash to get their tentpoles ready to go. The industry has been preparing for a horse-trading session the last month or so, as studios have tried to figure out how to balance which productions to prioritize with actors’ promotional commitments, all while attempting to rescue the 2024 slate of blockbusters that went unfinished during the strike. There have been waves of films shifting their release dates due to the strike, with Disney pushing two major Marvel movies out of 2024 entirely and Sony delaying “Venom 3” to November. [Read More]( --------------------------------------------------------------- [Apple originals "Killers of the Flower Moon" and "Lessons in Chemistry"]( [Quality Over Quantity: Apple’s Streaming Strategy Boosts Demand. But Subscriber Engagement Is a Struggle | Charts]( By Daniel Quinaud Apple is strategically aiming to expand its influence in the streaming landscape via its Apple TV+ service. After investing heavily in high-profile TV shows such as “Ted Lasso” and “For All Mankind,” the company is now investing in prestige movies such as “Killers of the Flower Moon” and “Napoleon” to draw in discerning viewers. The hallmark of Apple’s streaming approach is a dedication to quality rather than quantity. Apple TV+ has a modest-sized catalog, especially when compared to other subscription video-on-demand (SVOD) services, choosing to focus largely on original content. Despite this, Apple TV+ has made a notable impact, capturing 8.3% of the demand for streaming shows in the U.S. market in the third quarter of 2023 — remarkable when considering that its originals constitute just 2.1% of the total number of streaming originals. [Read More]( --------------------------------------------------------------- [Elon Musk attends Heidi Klum's 21st Annual Halloween Party (Photo Credit: Getty Collection)]( [Elon Musk Biopic Lands at A24 With Darren Aronofsky to Direct]( [taylor-swift]( [Grammy Nominations: Taylor Swift, SZA and 'Barbie' Dominate]( [captain-marvel-the-marvels-brie-larson]( ['The Marvels' Opens to Just $6.6 Million at Thursday Box Office]( [Law-and-Order-Bob-Hearts-Abishola]( [As SAG-AFTRA Strike Ends, Broadcast Networks Race to Save the TV Season]( --------------------------------------------------------------- [Wrap Pro logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](