11/11/2007

Bob Iger, Disney's chief executive, on Thursday warned that its ABC television business could be hit by a prolonged Hollywood writers' strike but said its film studio would be unlikely to feel any effect until 2009. This means that High School Musical 3, The Hannah Montana Movie, Cheetah Girls 3, and Dadnapped production will procceed as scheduled. Therefore, talent may continue to submit 8X10 photos and resumes' for these films.

Hollywood screenwriters have spent this past week picketing studios and TV networks after failing to agree a new pay deal. The writers want a share of money generated by the streaming of their work on the internet. But the studios and networks have refused to budge, saying free internet streaming is for promotional purposes only and should not be covered in the pay deal.