SAG-AFTRA President actress Fran Drescher arrives at Netflix picket line in Los Angeles, California, on Friday. AFP
SAG-AFTRA President actress Fran Drescher arrives at Netflix picket line in Los Angeles, California, on Friday. AFP
SAG-AFTRA President actress Fran Drescher arrives at Netflix picket line in Los Angeles, California, on Friday. AFP
SAG-AFTRA President actress Fran Drescher arrives at Netflix picket line in Los Angeles, California, on Friday. AFP


Hollywood strikers are telling producers: I've suffered for my art, now it's your turn


  • English
  • Arabic

July 17, 2023

A professional musician recently told me of being approached in the street by a neighbour.

They had never spoken before, but out of the blue the neighbour asked if the musician would play at his birthday party, for free.

The musician told me the story with a wry smile, suggesting that those in the creative industries – writers, actors, musicians – are in the only professions in which practitioners are thought to be so in love with what they do that they don’t need to be paid for it.

The Romans spoke of Ars Gratia Artis – or Art for Art’s Sake. That happens to be the motto of the filmmakers MGM, home to money-spinning franchises including the James Bond and Rocky movies. But now MGM and all the big US studios and filmmakers are faced with a major industrial dispute of a kind not seen for decades.

Screenwriters are on strike. So too are on-screen stars and the thousands of lesser-known actors and performers who make the shows we all love.

There are two reasons for industrial action. One is the normal workplace grievance of pay and conditions.

How creative people are rewarded has always been peculiar. Kings and queens historically had in-house musicians, painters and storytellers. Some performers today can make tens of millions of dollars but many more scrape a living with small parts on TV, film and stage. They pay the bills with – in the case of Hollywood – voiceover work, advertising, working as waiters and waitresses and other part-time jobs.

But beyond that traditional industrial dispute over money, there is also a wider fear in Hollywood about artificial intelligence.

Actor Frances Fisher at a rally by striking writers and actors outside Paramount studios in Los Angeles on Friday. AP Photo
Actor Frances Fisher at a rally by striking writers and actors outside Paramount studios in Los Angeles on Friday. AP Photo
It’s not so fanciful to believe that a young Sean Connery might return as James Bond, or that Jimmy Cagney is reworked for a new, colourised, crime series

Could film and TV scripts be written by a computer? Some TV comedy scripts already sound formulaic, with three or four lines of dialogue followed by canned laughter, and the same rhythm repeated over and over for half an hour each episode.

The Screencraft website gives an idea of basic formulas for screenwriters. It advises that “with film, you're generally telling a story that is contained within the time frame of 90 minutes to more than two hours.

Such a story usually follows a basic three-act structure – or a variation of it – where we see a character thrust into a conflict, struggle through it, and then eventually succumb to it or work their way out of it … With television, you're creating a world with a cast of characters that will hopefully continue on for upwards of 10-24 episodes (give or take) for multiple seasons, thus the main story will not be resolved by the end of each teleplay or television script”.

This is useful creative guidance. It’s based on what already works for successful TV producers and others.

But it is not a huge leap to imagine that such formulas could also work in the scriptwriting equivalent of ChatGPT with a computer program instructed to write a crime drama, a thriller, a sci-fi series or a comedy, followed by instructions that the setting should be a police station, a hospital, or the White House, and the actors should be an AI creation similar to Marlon Brando with Marlene Dietrich and Charlie Chaplin.

How close we may be to this new world is part of the uncertainty that concerns screenwriters, while the on-screen talent are legitimately concerned that actors’ performances, voices and actions by AI could render the real actor surplus to studio requirements. It’s not so fanciful to believe that a young Sean Connery might return as James Bond, or that Jimmy Cagney is reworked for a new, colourised, crime series.

With such complex issues lurking behind the pay dispute, some stars and writers are already predicting that this strike could last until the end of the year. It could blight the launches planned for already-filmed movies and TV series since the stars appear unwilling to promote them.

The union involved is Sag-Aftra, an amalgamation of the Screen Actors Guild and the American Federation of Television and Radio Artists. They say that we stand at “an inflection point for our industry”, although the immediate money question is traditional. It is based on a dispute about “residuals”, which is the amount of money an actor may be paid for repeats of films or TV shows.

Yet the bigger question of who owns the actor’s image if it is reproduced on AI lurks behind the negotiations.

Streaming has already changed everything. The idea of “repeats” is old-fashioned in a world in which films or TV show are always available on streaming services.

As for the impact on the rest of us, the audience, movie goers and subscribers, given the length of time it takes to produce the biggest and best shows, industrial action may not be obvious for a while. But perhaps it might remind us that artists, musicians, writers and actors usually love what they do, but they are professionals who do not want to work for free.

Yes, art is its own reward. But it cannot be its only reward, as my musician friend made clear to the pushy neighbour who wanted a free birthday party performance.

As You Were

Liam Gallagher

(Warner Bros)

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Match info:

Manchester City 2
Sterling (8'), Walker (52')

Newcastle United 1
Yedlin (30')

Abandon
Sangeeta Bandyopadhyay
Translated by Arunava Sinha
Tilted Axis Press 

Ready Player One
Dir: Steven Spielberg
Starring: Tye Sheridan, Olivia Cooke, Ben Mendelsohn, Mark Rylance

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.8-litre%204-cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C200rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20320Nm%20from%201%2C800-5%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESeven-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%3C%2Fstrong%3E%206.7L%2F100km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh111%2C195%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
Scores

Wales 74-24 Tonga
England 35-15 Japan
Italy 7-26 Australia

SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20Z%20FOLD%204
%3Cp%3E%3Cstrong%3EMain%20display%3A%3C%2Fstrong%3E%207.6%22%20QXGA%2B%20Dynamic%20Amoled%202X%2C%202176%20x%201812%2C%2021.6%3A18%2C%20374ppi%2C%20HDR10%2B%2C%20up%20to%20120Hz%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECover%20display%3A%3C%2Fstrong%3E%206.2%22%20HD%2B%20Dynamic%20Amoled%202X%2C%202316%20x%20904%2C%2023.1%3A9%2C%20402ppi%2C%20up%20to%20120Hz%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Qualcomm%20Snapdragon%208%2B%20Gen%201%2C%204nm%2C%20octa-core%3B%20Adreno%20730%20GPU%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%2012GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%C2%A0256%2F512GB%20%2F%201TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20Android%2012%2C%20One%20UI%204.1.1%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20Triple%2012MP%20ultra-wide%20(f%2F2.2)%20%2B%2050MP%20wide%20(f%2F1.8)%20%2B%2010MP%20telephoto%20(f%2F2.4)%2C%20dual%20OIS%2C%203x%20optical%20zoom%2C%2030x%20Space%20Zoom%2C%20portrait%2C%20super%20slo-mo%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%208K%4024fps%2C%204K%4030%2F60fps%2C%20full-HD%4030%2F60fps%2C%20HD%4030fps%3B%20slo-mo%4060%2F240%2F960fps%3B%20HDR10%2B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECover%20camera%3A%3C%2Fstrong%3E%2010MP%20(f%2F2.2)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInner%20front%20camera%3A%3C%2Fstrong%3E%20Under-display%204MP%20(f%2F1.8)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%204400mAh%2C%2025W%20fast%20charging%2C%2015W%20wireless%20charging%2C%20reverse%20wireless%20charging%2C%20'all-day'%20life%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%205G%3B%20Wi-Fi%2C%20Bluetooth%205.2%2C%20NFC%20(Samsung%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20Nano-SIM%20%2B%20eSIM%3B%202%20nano-SIMs%20%2B%20eSIM%3B%202%20nano-SIMs%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Graygreen%2C%20phantom%20black%2C%20beige%2C%20burgundy%20(online%20exclusive)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Fold%204%2C%20USB-C-to-USB-C%20cable%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20Dh6%2C799%20%2F%20Dh7%2C249%20%2F%20Dh8%2C149%3C%2Fp%3E%0A
PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

Updated: July 17, 2023, 5:39 PM`