{"id":22557,"date":"2023-09-27T08:56:35","date_gmt":"2023-09-27T08:56:35","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/sag-aftra-approves-strike-authorization-for-videogame-actors-ea-stock-shrugs\/"},"modified":"2023-09-27T08:56:36","modified_gmt":"2023-09-27T08:56:36","slug":"sag-aftra-approves-strike-authorization-for-videogame-actors-ea-stock-shrugs","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=22557","title":{"rendered":"SAG-AFTRA Approves Strike Authorization for Videogame Actors. EA Stock Shrugs."},"content":{"rendered":"
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SAG-AFTRA voted to approve strike authorization for videogame actors.<\/h4>\n


\n Courtesy EA
\n <\/span>
\n <\/figcaption><\/figure>\n<\/p><\/div>\n

SAG-AFTRA voted on Tuesday to approve strike authorization for videogame performers.<\/p>\n

The union representing screen actors, artists, and other performers said 98% of members voted in favor of authorizing a strike against a number of videogame companies and producers, including
\n Electronic Arts
\n (ticker: EA), Activision Productions, and
\n Walt Disney
\n \u2018s (DIS) Disney Character Voices. SAG-AFTRA said in a news release that the authorization doesn\u2019t mean the union is calling a strike, with the next bargaining session scheduled for Sept. 26, Sept. 27, and Sept. 28. <\/p>\n

\n

SAG-AFTRA said the union has been in negotiations with these developers since October 2022, but the companies have not agreed to terms that included wage increases to match inflationary pressures, protections around the use of artificial intelligence, and basic safety precautions.<\/p>\n

\u201cThe result of this vote shows our membership understands the existential nature of these negotiations, and that the time is now for these companies\u2014which are making billions of dollars and paying their CEOs lavishly\u2014to give our performers an agreement that keeps performing in videogames as a viable career,\u201d said SAG-AFTRA President Fran Drescher.<\/p>\n

\u201cWe will continue to negotiate in good faith to reach an agreement that reflects the important contributions of SAG-AFTRA-represented performers in video games. We have reached tentative agreements on over half of the proposals and are optimistic we can find a resolution at the bargaining table,\u201d said Audrey Cooling, spokesperson for the videogame producers party to the Interactive Media Agreement.<\/p>\n

The news didn\u2019t seem to affect investor sentiment. Shares of the videogame maker EA were down 0.7% Tuesday to $118.85. The stock has declined 2.7% this year.<\/p>\n

This news comes after several months of strikes from Hollywood writers and actors. However, over the weekend these the Writers Guild of American reached a tentative deal with Hollywood studios.<\/p>\n

Write to Angela Palumbo at angela.palumbo@dowjones.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

SAG-AFTRA voted to approve strike authorization for videogame actors. Courtesy EA SAG-AFTRA voted on Tuesday to approve strike authorization for videogame performers. The union representing screen actors, artists, and other performers said 98% of members voted in favor of authorizing a strike against a number of videogame companies and producers, including Electronic Arts (ticker: EA),<\/p>\n","protected":false},"author":1,"featured_media":22558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-22557","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"\nSAG-AFTRA Approves Strike Authorization for Videogame Actors. EA Stock Shrugs. | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"SAG-AFTRA voted to approve strike authorization for videogame actors. 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