“That is just not realistic”: Disney CEO Bob Iger, Who Earns $25M A Year, Feels Writers’ Demand For Fair Pay Is Ridiculous As SAG-AFTRA Strike Set To Bring Hollywood To Its Knees

Disney CEO Bob Iger, Who Earns $25M A Year, Feels Writers’ Demand For Fair Pay Is Ridiculous As SAG-AFTRA Strike Set To Bring Hollywood To Its Knees
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Since the “Minimum Basic Agreement” expired on May 1 this year that covered the interests of all the writers who worked for broadcast television, other writers who worked for streaming media declared a strike the following day as they hadn’t been getting enough pay.

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A lot of scripted films and TV productions are suffering massive disruptions due to the writers’ ongoing battle with the Alliance of Motion Picture and Television Producers.

Writers' Guild Strike
Writers’ Guild Strike

To make matters worse, the Screen Actors Guild (SAG-AFTRA) comprising more than 160,000 talented artists spread across films and television production units is expected to join the writers’ strike.

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The SAG-AFTRA strike is expected to begin Thursday as they couldn’t reach an agreement with AMPTP given the entire ecosystem of consuming media is shifting to OTT platforms and actors are demanding better pay along with better working conditions.

Read more: Amidst Writers Strike 2023, ‘Captain America: Brave New World’ Gets Promising Update

Bob Iger Weighs In On SAG-AFTRA Joining The Existing WGA Strike

Disney head Bob Iger in a conversation with David Faber of CNBC has spoken against the strike deeming it not “realistic.” 

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He spoke about how the recovery from COVID-19 is still underway and Hollywood is still not yet firmly standing tall like the pre-COVID era, and it is actually a “shame” that artists want to disrupt this industry so badly that it could impact multiple areas of our economy.

Bob Iger
Bob Iger

“It’s very disturbing to me. We’ve talked about disruptive forces on this business and all the challenges we’re facing, the recovery from COVID which is ongoing, it’s not completely back. This is the worst time in the world to add to that disruption. There’s a level of expectation that they have, that is just not realistic.”

The SAG-AFTRA doubling down on the WGA strike could have negative repercussions and because of this, thousands of complimentary workers in the industry could lose their jobs.

Read more: Marvel and DC Stars Reunite While AI Threatens Writers’ Job: Mark Ruffalo, Colin Farrell and Many Celebrities Join WGA Strike

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Bob Iger’s “Minuscule” Yearly Income Puts A-Listers To Shame

Handling a conglomerate as large as Disney is no child’s play, and Bob Iger has been doing a phenomenal job for the last 15-odd years. 

It is reported that Bob Iger will remain as Disney’s head till 2026 so that the studio execs can focus on reorienting their operations best suited for the streaming age.

SAG-AFTRA Strike
SAG-AFTRA Strike

Iger projects a sense of stability and power in the industry, all that for a ‘meager’ $25 million annual pay. According to him, the industry leaders have managed to work out a deal with the directors’ guild that shows a strong sense of accountability.

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“We managed, as an industry, to negotiate a very good deal with the directors guild that reflects the value that the directors contribute to this great business. We want to do the same thing with the writers, and we’d like to do the same thing with the actors.”

Suggested: “It was a very frustrating experience”: Ryan Reynolds Moved Heaven and Earth To Save Deadpool When Fox Couldn’t Finish the Script Amid 2007-08 WGA Strike

The writers’ guild strike is already in its third month and now with the SAG ready to bring Hollywood to its knees, Iger feels that the unions’ must be extremely aware of the potential of this industry while exercising their rights “realistically.”

Source: Variety

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Written by Ojaswi Chaudhary

Articles Published: 265

Extremely passionate about a great story since the little guy was 8. He has lived through nothing short of almost 300 of Hollywood's finest pieces of work, and is now creating some of his own here at FandomWire. He loves to make time for a good book and a good meal.