Hollywood Strikes Now Officially Over: So, When Will We Get Some New Shows?
Plus Generation Alpha kids are all about skincare
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Happy Friday,
Ok moms (and dads), your kids probably have better skincare than you do.
With some help from social media, Gen Alpha kids (born after 2010) are budding experts in all things serums, toners, moisturizers and sunscreens.
The pre-teen trend is expected to help fuel holiday spending this season.
Wishing all you parents luck 🙃
Mosheh, Jill, & Lauren
🗞 LET’S MAKE A DEAL: ACTORS AND STUDIOS REACH AGREEMENT
Fran Drescher and SAG actors are taking their victory lap after reaching a deal with big Hollywood studios, ending one of the longest labor strikes in Hollywood history. After 118 days, the new contract could see Hollywood up and running again within weeks.
WHAT’S IN THE DEAL?
The new three-year contract reportedly includes increases in compensation for streaming shows and films, better health care funding, concessions from studios on self-taped auditions, and guarantees that studios will not use artificial intelligence to create digital replicas of their likenesses without payment or approval.
IMPACT ON CONSUMERS
Even though Hollywood finally put an end to the industry's first dual strike (writers + actors) in 63 years, production won’t start up again for a few weeks.
The process to clear schedules and book studio space means cameras won't be rolling again until January at the earliest.
It typically takes 4-6 weeks to ramp up production. And with writers' rooms only recently reopened, it's not clear how much of a 2023-24 TV season will be able to be salvaged.
Expect a gap in new shows in early 2024, and the year could be very lean as far as new TV seasons and films.
HBO’s "The White Lotus" was supposed to be available in 2024, but HBO said last week it will likely debut in 2025. Over at Netflix, expect the new season of ”Stranger Things” in 2025 as well.
As far as films, “Dune: Part Two,” “Snow White” and “Avatar 3” release dates have been pushed to 2025.
Some movies that weren't produced by the AMPTP member studios were granted waivers to film, and may be available sooner.
HOT STRIKE SUMMER EXTENDS TILL FALL
Actors certainly aren’t the only workers who walked off the job for better pay and other issues. President Biden talked with UAW workers yesterday at a Stellantis plant for the first time since their historic deal. The president told the crowd that they are changing "the face of the country economically" with their efforts.
UAW: Detroit’s Big Three and about 146,000 autoworkers reached a deal after six-weeks. It includes a 25% pay increase over the next four and a half years and provisions to make sure the raises are not eaten up by inflation.
Portland teachers: About 3,700 teachers are currently striking. They’re asking for an average 8.5% salary jump in the first year to keep up with cost of living, and 6% and 5% in following years.
Hollywood writers: About 11,000 members ended a 148-day strike. Many writers should see a minimum compensation increase of 18%, provided that the film was budgeted at least $30 million, plus a 26% increase in residual base.
UPS: The company averted a strike of its 300,000 members with a five-year contract that raises the minimum pay for part-time workers from under $17 an hour to $21, and raises the top rate for full-time delivery drivers to about $49 on average.
Los Angeles Schools: A 3-day strike ended with roughly 30,000 education workers getting a 30% pay increase.
AS FOR THE CARMAKERS
Biden says the factory he visited yesterday is reopening because of the deal, and will bring back “more than all of the 1,200 jobs lost, and at higher wages.” Stellantis is also adding about 1,000 new union jobs because investments in new battery manufacturing, the White House said.
But that money could be made up by consumers. Ford estimates that the contract will raise labor costs by $850-$900 per vehicle.
The average new-car price has soared roughly 25% since the pandemic struck three years ago.
All three automakers said they have taken steps to pare costs and become more efficient, having known for months that they would be raising worker pay.
⏳ SPEED READ
🚨NATION
📌 Sen. Joe Manchin, moderate West Virginia Democrat, won't seek reelection (ABC)
📌 Minnesota Supreme Court won’t remove Trump from GOP primary ballot in 14th Amendment challenge (CNN)
📌 Federal trial begins for man accused of attacking Paul Pelosi (CBS NEWS)
📌 Surgeons perform world’s first human eyeball transplant (THE GUARDIAN)
🌎 AROUND THE WORLD
📌 Israel will implement 4-hour pauses in fighting in areas of north Gaza every day (CNBC)
📌 Transgender people can be baptized Catholic, serve as godparents, Vatican says (REUTERS)
📌 US launches 2nd round of airstrikes on Iran-backed groups it says attacked American troops (ABC)
📌 Spain’s Socialists to grant amnesty to Catalan separatists in exchange for support of new government (AP)
📱BUSINESS, SCIENCE & TECH
📌 AI and drones are helping scientists study secrets of elephant behavior (AXIOS)
📌 Peanut toothpaste shows promise at preventing allergic reactions (NEW SCIENCE)
📌 Apple co-founder Steve Wozniak hospitalized in Mexico City (CNN)
📌 Breast implants used in man's life-saving double-lung transplant (NBC)
🎬 SPORTS & ENTERTAINMENT
📌 Robert De Niro’s production company ordered to pay ex-assistant $1.2M after sensational NYC court battle (FOX)
📌 Jared Leto becomes the first person to legally climb to the top of the Empire State Building (EW)
📌 Travis Kelce will be in Argentina for Taylor Swift's Eras Tour stop (ET)
📌 Nevada's Steve Alford upset after basketball game paused over bat invasion: 'Pretty embarrassing' (FOX)
🗓 CHEERS TO THE FREAKIN WKND
WHAT WE’RE WATCHING: Mosheh: The Morning Show; Jill: BravoCon.
WHAT WE’RE READING: Mosheh: Sisterhood: The Secret History of Women at the CIA~Liza Mundy; Jill: “It’s Not Kids With the Cellphone Problem, It’s Parents”~Pamela Paul.
WHAT WE’RE EATING: Mosheh: Split pea soup; Jill: cookie dough.
📌 If you want to get some fun new recipes, look no further than Home Ec chef. Their chef-led virtual cooking classes will leave you saying, YUM. (Use Discount Code MONEWS for 15% off)