Strikes and Labor Disruptions in Film and Television Production
First written in FY2017. 3 of 7 entries say "Materialised", first in FY2023. Latest entry: FY2025.
Sony Group moved to the "Worse" side of this theme in 2023.
1 other company's latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Performance in this area in fiscal 2024 reflected Sony's strengths, including its extensive content IP and disciplined business operations, despite adverse effects, primarily delays in television program deliveries, resulting from the impact of the WGA and SAG-AFTRA strikes in fiscal 2023 on content production.」
The impact of the 2023 strikes continued into fiscal 2024 in the form of delayed television program deliveries and became a factor affecting performance in the film business. - FY2025-H1WorsenedAnnual report
「This substantial decline in U.S. dollar-based revenue was primarily attributable to a decrease in the number of television programs delivered during the interim consolidated accounting period, due in part to delays in content production caused by the Hollywood strikes in the previous fiscal year, as well as a decrease in revenue from theatrical releases during the interim consolidated accounting period.」
The impact of the Hollywood strikes that occurred in the previous fiscal year was reflected in performance for the interim consolidated accounting period as a decrease in the number of television programs delivered. - FY2024MaterialisedAnnual report
「The strikes by the WGA and SAG-AFTRA had adverse effects on content production, including changes to the theatrical release dates of certain films and delays in television program deliveries.」
The impact of production stoppages caused by the 2023 writers' and actors' strikes was reflected in the year's results as changes to theatrical release dates and delays in television program deliveries. - FY2024-Q2WorsenedAnnual report
「For example, in the film business, the Writers Guild of America conducted a strike from May 2023 to September 2023, while the Screen Actors Guild-American Federation of Television and Radio Artists conducted a strike from July 2023 to November 2023. These strikes adversely affected film production, including by changing the theatrical release dates of certain films, and television production, including by delaying content deliveries.」
The Writers Guild of America conducted a strike over film and television production from May to September 2023, while the actors' guilds, including SAG-AFTRA, conducted strikes from July to November 2023. The company disclosed that these strikes resulted in changes to theatrical release dates and delays in content deliveries. - FY2024-Q1MaterialisedAnnual report
「For example, in the film business, the Writers Guild of America began a strike in May 2023, and the Screen Actors Guild-American Federation of Television and Radio Artists began a strike in July 2023. These strikes have adversely affected film production, including by changing the theatrical release dates of certain films, and television production, including by delaying content deliveries.」
With respect to the previously disclosed risk of production stoppages, the Company stated that strikes by the Writers Guild of America, the Screen Actors Guild and others actually occurred, resulting in changes to theatrical release dates and delays in content deliveries. - FY2023MaterialisedAnnual report
「For example, in the film business, the Writers Guild of America began a strike on 2 May 2023, and if the strike were prolonged, it could adversely affect performance in the film business.」
The risk of work stoppages in film and television production materialized as the Writers Guild of America strike that began on 2 May 2023. - FY2017First statedAnnual report
「If a labor union strike occurs, or if the possibility of a strike, sabotage or lockout arises, production activities may be delayed or suspended.」
Production delays and higher costs resulting from labor agreements and strikes involving screenwriters, directors, actors and others were identified as risks.