"This is a new low": Fans disgusted as studios plan on terminating writer contracts amidst SAG-AFTRA and WGA strike
The SAG-AFTRA and WGA strike has hit a new disheartening low as studios have been reportedly planning to terminate some of their first look and overall deals with writers as soon as August 1, 2023, according to various reports from Variety. At this point in the developments, this can be seen as a way for major studios to retaliate against the stopped work in Hollywood.The deals would be torn up under contractual force majeure clauses, which can be used because of the ongoing WGA and SAG-AFTRA strikes. If this goes through, it will be a major loss for the protestors, who have been fighting the studios for increased wages and the regulation of generative AI in the entertainment sector.