been the rise of the big streaming services. this has created a lot of competition in the market and meant there is now something of a rates studio space which has been going on until very recently. essentially this means the hollywood studios had not met their production capacity in terms of in house production and been looking overseas to fill that gap. now there are a lot of countries competing to attract that kind of business. an uk industry is one that has a well established tax relief programme which has meant it has become increasingly popular for the big studios. this has become increasingly popular for the big studios. for the big studios. as the uk done any for the big studios. as the uk done any better for the big studios. as the uk done any better than - for the big studios. as the uk done any better than other i done any better than other countries out there competing for hollywood productions as opposed to their own domestic productions? productions? historically, th
employers, the studios, there was an offer by the studios, which the union says doesn t go far enough. and there is anger about that in terms of pay, the actors are working in a very different ecosystem, entertainment ecosystem now with the streaming services, and they want their contract to reflect the way that they work. there can be long times where these actors are not working and they want that to be reflected in the kind of deal that they get, and huge concern about artificial intelligence, the fact that they could possibly work for just one day and have their images scanned to be used in the future, possibly not being paid for it. these are some big issues that these two sides are trying to deal with. what have we heard from the big studios, have they been speaking today? the? from the big studios, have they been speaking today? they have not. we haven t been speaking today? they have not. we haven t heard been speaking today? they have not. we haven t heard anything. not. w
its officials and the employers, the studios. there was an offer by the studios, which the union says doesn t go far enough. and there is anger about that in terms of pay the actors are working in a very different ecosystem, entertainment ecosystem now with the streaming services, and they want their contract to reflect the way that they work. there can be long times where these actors are not working and they want that to be reflected in the kind of deal that they get. and huge concern about artificial intelligence, the fact that they could possibly work for just one day and have their images scanned to be used in the future, possibly not being paid for it. these are some big issues that these two sides are trying to deal with. what have we heard from the big studios, have they been speaking today? they have not. we haven t heard anything from the big studios, the streaming services today.
leading high-level efforts to get those votes to happen. this is the highest ranking official, and if she does not get confirmed, it would be quite a failure for the administration, which has wanted to have every post confirmed at the cabinet level. okay, we will look out for. that thank you. okay, vanessa? i am keeping an eye on the looming writers strike that could happen may second. this is the writers guild of america, and negotiating with big studios. and a strike could happen may second if they don t come up with a new contract. so that means no late night tv, no snl, or your favorite movies and tv shows, paused but would that mean? we were to see reruns? potentially. or sometimes we have seen in the past just late night hosts kind of going on the fly and making it up as they go along. but this could have severe economic impact if it does happen, if there is a strike, billions of dollars in losses, ultimately. the last strike was in 2007, two billion dollars in economic