The striking union projects that a consensus would set Disney back $75 million annually, and Netflix $68 million.
The guild then compared these costs to companies’ annual revenues and calculated the percentage that these costs would represent compared to those profits. The costs would account for 0.091 percent of Disney’s revenue, 0.214 of Netflix’s, 0.108 percent of Warner Bros. Discovery’s, 0.148 percent of Paramount Global’s, 0.028 percent of NBC Universal’s and 0.006 percent of Amazon’s, the WGA claims.
The union negotiating committee added, “These companies have made billions in profit off writers’ work, and they tell their investors every quarter about the importance of scripted content. Yet they are risking significant continued disruption in the coming weeks and months that would far outweigh the costs of settling.”
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