Impact of Hollywood Actors Strike on Australian Streaming Service Stan

1 Mins read

Lower Reliance on Licensed U.S. Content

Last year’s Hollywood actors strike is expected to affect Australian streaming service Stan less than its rivals, as it has a lower reliance on licensed U.S. content, according to the platform owner’s CEO.

Maintaining Fresh Content Amidst Challenges

Nine Entertainment Chief Executive Mike Sneesby acknowledged the impact of the 118-day strike over issues such as residuals for streaming programs but highlighted Stan’s ability to maintain its output of fresh content during this period. Sneesby mentioned that while other platforms struggled with content, Stan was able to outperform the general market.

With a focus on original local content and flexibility during challenging times, Stan continues to stand out in the competitive streaming service landscape.

Impact of Actors Strike on New TV Shows and Films

A strike initiated by actors and resolved in November, following an earlier writers’ strike, caused delays in the production of new TV shows and films intended for both global streaming platforms and theaters. One significant casualty was the postponement of the final installment of Paramount Global’s “Yellowstone” series, which is shown on Stan in Australia, to November 2024.

Negotiations Lead to Resolution of Strike

Following weeks of negotiations between the actors’ union and a coalition representing studios and streamers like Netflix, Disney, and, the strike finally came to an end. The resolution allowed for the continuation of production on various projects that had been put on hold.

Related posts

Banking Regulations for Preventing Failures

2 Mins read
Banking regulators have the power to prevent future bank collapses, according to a panel of banking experts who emphasized the importance of…

Dave's Strong Q4 Performance

1 Mins read
Shares of Dave surged on Tuesday following the digital bank’s announcement of a profitable fourth quarter earlier than expected, with a positive…

DaVita Expands in Latin America

1 Mins read
Shares of DaVita reached record levels as the kidney care services company announced its significant expansion into Latin America through a $300…

Leave a Reply

Your email address will not be published. Required fields are marked *

+ 53 = 58