{"id":15183,"date":"2023-07-19T02:40:38","date_gmt":"2023-07-19T02:40:38","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=15183"},"modified":"2023-07-19T02:40:38","modified_gmt":"2023-07-19T02:40:38","slug":"former-studio-head-barry-diller-says-actor-and-writer-strikes-could-cause-hollywood-to-collapse-video","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=15183","title":{"rendered":"Former Studio Head Barry Diller Says Actor and Writer Strikes Could Cause Hollywood to Collapse (VIDEO)"},"content":{"rendered":"

Barry Diller is an entertainment insider. He used to run Paramount movie studios and also worked for FOX.<\/p>\n

During a recent appearance on Face the Nation, Diller said that if the writer and actor strike stretches on for too many months, it could cause the \u2018collapse\u2019 of Hollywood as we know it.<\/p>\n

During the interview, he floats a possible fix for the problems causing the strike but notes that it probably wouldn\u2019t be accepted.<\/p>\n

He points out that the pandemic, combined with streaming has created a \u2018perfect storm\u2019 in this situation and if the strike goes beyond this fall, Hollywood is toast.<\/p>\n

Breitbart News<\/a> provides a partial transcript:<\/p>\n

BRENNAN: You know, we were trying to gauge the economic impact of this. And according to the Milken Institute, it could cause $4 billion in economic damage. What do you think the impact will be? And how long will the strikes last?<\/p>\n

DILLER: Well, the problem with this particular- all strikes get settled. The issue for this one is, is when. Because you have almost a perfect storm here, which is you had COVID, which sent people home to watch streaming and television and killed theaters. You- you\u2019ve had the results of huge investments in streaming, which have produced all these losses for all these companies who are now kind of retrenching. <\/p>\n

So, at this moment, this kind of perfect storm, it\u2019s okay if it gets settled in the next month. But I\u2019ll posit what happens if it doesn\u2019t, and there doesn\u2019t seem to be enough trust and energy to get it settled soon. What will happen is, if in fact, it doesn\u2019t get settled until Christmas or so, then next year, there\u2019s not going to be many programs for anybody to watch. <\/p>\n

So, you\u2019re gonna see subscriptions get pulled, which is going to reduce the revenue of all these movie companies, television companies, the result of which is that there will be no programs. And at just the time, strike is settled that you want to get back up, there won\u2019t be enough money. So this actually will have devastating effects if it is not settled soon. And the problem with settlement in this case, is there\u2019s no trust between the parties.<\/p>\n

Watch the video below:<\/p>\n\n

Won\u2019t it be ironic if the striking actors and writers bring about the collapse of their own industry?<\/p>\n

The post Former Studio Head Barry Diller Says Actor and Writer Strikes Could Cause Hollywood to Collapse (VIDEO)<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Barry Diller is an entertainment insider. He used to run Paramount movie studios and also worked for FOX.<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-15183","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nFormer Studio Head Barry Diller Says Actor and Writer Strikes Could Cause Hollywood to Collapse (VIDEO) - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=15183\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former Studio Head Barry Diller Says Actor and Writer Strikes Could Cause Hollywood to Collapse (VIDEO) - Sasquatch News Online\" \/>\n<meta property=\"og:description\" content=\"Barry Diller is an entertainment insider. 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