https://deadline.com/2023/09/sag-aftra-possible-strike-video-game-companies-1235533458/
“Here we go again,” said SAG-AFTRA President Fran Drescher. “Now our Interactive Video Game Agreement is at a stalemate too. Once again we are facing employer greed and disrespect. Once again artificial intelligence is putting our members in jeopardy of reducing their opportunity to work. And once again, SAG-AFTRA is standing up to tyranny on behalf of its members.” “The overlap of these two SAG-AFTRA contracts,” she said, “is no coincidence, but rather a predictable issue impacting our industry as well as others all over the world. The disease of greed is spreading like wildfire ready to burn workers out of their livelihoods and humans out of their usefulness. We at SAG-AFTRA say ‘No. Not on our watch.’”
In addition to AI protections, SAG-AFTRA says it’s seeking “the same wage increases for video game performers as for those who work under the film and television contracts: 11% retroactive to expiration and 4% increases in the second and third years of the agreement — necessary for members’ wages to keep up with inflation.”
These are the 10 game companies along with some their tickers who would be impacted.
- Activision Productions Inc., (ATVI being acquired by MSFT)
- Blindlight LLC,
- Disney Character Voices Inc., (DIS)
- Electronic Arts Productions Inc., (EA)
- Epic Games, Inc.,
- Formosa Interactive LLC,
- Insomniac Games Inc., (SONY)
- Take 2 Productions Inc., (TTWO)
- VoiceWorks Productions Inc., and
- WB Games Inc. (WBD)
[link] [comments] https://www.reddit.com/r/stocks/comments/167obb4/sagaftra_gears_up_for_possible_strike_against/
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