“The company now expects to exceed $1.7 billion in free cash flow for the third quarter of 2023, in part due to the strong performance of ‘Barbie’ as well as incremental impact from strike-related factors,” the entertainment giant says in a regulatory filing.

  • pqdinfo@lemmy.world
    link
    fedilink
    arrow-up
    11
    arrow-down
    1
    ·
    1 year ago

    Especially when it’s as easily replaceable as a movie publisher. It’s not as if WBD going under would result in 25% less TV/movies, and 25% less employment!

    If I were the strikers, I’d be seeing the bankruptcy of one or more large studios as a goal unto itself right now.

    • dessimbelackis@lemmy.world
      link
      fedilink
      arrow-up
      10
      ·
      1 year ago

      Dream outcome: studios go bankrupt and then the strikers pool resources to buy assets and start their own worker-owned film studios

      • VindictiveJudge@lemmy.world
        link
        fedilink
        arrow-up
        4
        ·
        edit-2
        1 year ago

        It’s not as cool as you think. Activision and EA both started essentially that way for games, but became what they are now as soon as the founders started leaving. It works great for a while, then they just become what they opposed.

      • CmdrShepard@lemmy.one
        link
        fedilink
        English
        arrow-up
        3
        ·
        1 year ago

        I’m pretty sure it was Ben Affleck or Matt Damon who I heard on a podcast recently that was doing this very thing.