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In a letter addressed to the CEOs of Warner Bros. Discovery, Disney, Paramount Global, NBCUniversal, Sony, Netflix, and Amazon MGM Studios, the guild called studios to “come off the sidelines.”

As a founding member of the Fonds Culturel Franco-Américain (FCFA) alongside the Directors Guild of America (DGA), the Motion Picture Association (MPA), and the Writers Guild of America West (WGAW), Sacem contributed to the creation of this major event, which for 28 editions has served as a springboard for films, filmmakers, actors, and composers.

In 2024, Ampere Analysis forecasts global content spending will increase after a plateau in content investment growth in 2023. Last year, the WGA and SAG-AFTRA strike action led to a 2% decline relative to original expectations.

The conclusion of the WGA and SAG-AFTRA work actions on September 27 and November 9, respectively, came too late for production to pick up by year’s end, according to FilmLA.

TV revenue declined significantly primarily due to certain large licensing deals in the prior year and the impact of the WGA and SAG-AFTRA strikes.