SAG meets moguls

Nikki Finke reports that News Corp. President Peter Chernin and Disney CEO Bob Iger had an informal get-together earlier this week with the two main players of the Screen Actors Guild: Union president Alan Rosenberg and national executive director Doug Allen. Presumably, these kinds of sessions would set the stage for formal bargaining. But Finke is getting mixed signals on the meeting, with sources close to the moguls saying that it went badly - the SAG folks apparently thumbing their noses at the WGA and DGA contracts - while sources close to the guild say that the conversations were cordial and constructive. Here we go again. Even though a walkout still seems unlikely, Wall Street is taking note of the uncertainty over movie production going out the next few months. A Citigroup Investment Research report has warned that even the possibility of a strike "may be preventing major studios from approving new film production in 2008, which could potentially disrupt the 2009 film schedule for major film studios."


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook