SAG-AFTRA and the Alliance of Motion Picture and Television Producers (AMPTP) have agreed to extend the current motion/picture TV contract “on a day-to-day basis,” according to a joint statement, in order to continue talks toward reaching a new master agreement.
Both sides announced at around 11 pm PDT on Friday (June 30)–just an hour or so before the current three-year contract was set to expire–that they “will continue to bargain.”
The announcement offers a ray of hope that was absent earlier in the week when SAG-AFTRA’s National Board of Directors voted unanimously to seek a strike authorization vote from its members due to a lack of progress on critical issues.
Ongoing talks will continue to operate under a formal news blackout agreed to by both parties.
Moviegoers were not exactly feeling the Christmas spirit this weekend, or at least what "Red One" was offering. The big budget, star-driven action comedy with Dwayne Johnson and Chris Evans sold $34.1 million in tickets in its first weekend in theaters, according to studio estimates Sunday. It easily topped a box office populated mostly by holdovers.
For traditional studios, a $34.1 million debut against a $200 million+ production budget would be a clear indication of a flop. Some even peg the budget closer to $250 million. But "Red One" is an Amazon MGM Studios release and they have the luxury of playing the long game, accounting not only for global box office where Johnson tentpoles often overperform, but its life on Prime Video for years to come.
"Red One," in which Johnson plays Santa's bodyguard, was also originally built to go straight-to-streaming. There's a narrative that the theatrical earnings are not only just a bonus, but that it's an additive gesture towards struggling theaters looking for a consistent stream of new films. The first major studio holiday release since 2018, "Red One" opened on 4,032 screens, including IMAX and other large formats, on an otherwise quiet weekend for major releases.
Warner Bros. is handling the overseas release, where it has made an estimated $50 million in two weekends from 75 territories and 14,783 screens.
Still, it's certainly not a theatrical hit in North America. Even "Joker: Folie à Deux" made slightly more in its first weekend. "Red One," directed by Jake Kasdan and produced by Johnson's Seven Bucks, was roundly rejected by critics, with a dismal 33% Rotten Tomatoes score. Jake Coyle, in his review for The Associated Press, wrote that it "feels like an unwanted high-priced Christmas... Read More
