Hollywood horror story: Actors strike, entertainment media giants' stock prices all fall

Hollywood horror story: Actors strike, entertainment media giants' stock prices all fall

The Screen Actors Guild (SAG-AFTRA) of Hollywood officially joined the Writers Guild of America (WGA) earlier and started a strike. Two of the three major Hollywood unions are on strike, which seems to have completely "stopped" and has directly dealt a financial blow to major entertainment media giants.

According to a CNBC report photo shared on Twitter by Kim Benabib, the creator of HBO's American comedy "The Brink", the performance of several American entertainment media giants, including streaming company Netflix, Walt Disney, Paramount Pictures, Warner Bros. Discovery and the largest cable TV company in the United States, COMCAST, have all been hit on Wall Street.

According to our report yesterday , this is the first time that the two unions have gone on strike simultaneously since the 1960s because the rise of artificial intelligence technology has indeed impacted the creative industry in Hollywood. Not only are screenwriters facing the crisis of being replaced, but actors' appearances and voices may also be copied and replaced by AI. For this reason, many star actors have joined the strike march, and many actors have expressed their support for the protest.

Just today, the filming of the movie "Deadpool 3", which had been proceeding smoothly, was also suspended due to the strike .

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