Videogame stocks mostly hold steady as actors strike threatens to spread to game publishers

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Videogame stocks performed slightly better than the broader market Tuesday after striking actors voted late Monday to possibly expand their strike.

Videogame stocks performed slightly better than the broader market Tuesday after striking actors voted late Monday to expand their strike to work on videogames, which constitutes an even larger market than movies or television.

That agreement includes such companies as Activision Blizzard Inc. ATVI, +0.05%, Take-Two Interactive Software Inc. TTWO, -0.49% and Electronic Arts Inc. EA, -0.63%, as well as Blindlight LLC, Disney Character Voices Inc., Formosa Interactive LLC, Insomniac Games Inc., Epic Games, VoiceWorks Productions Inc. and WB Games Inc.

SAG-AFTRA said the authorization does not mean it is calling a strike against videogame makers but said companies have “refused to offer acceptable terms on some of the issues most critical to our members, including wages that keep up with inflation, protections around exploitative uses of artificial intelligence, and basic safety precautions.”

With bargaining sessions beginning Tuesday and set to run through Thursday, the union said it hopes “the added leverage of a successful strike authorization vote will compel the companies to make significant movement on critical issues where we are still far apart.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day.
Source: nbcchicago - 🏆 545. / 51 Read more »

10 things to watch in the stock market Monday, including Disney, Ford and AmazonThe Dow, the S&P 500 and the Nasdaq are lower early Monday as bond yields resume their march higher.
Source: CNBC - 🏆 12. / 72 Read more »

Microsoft Corp. stock rises Monday, still underperforms marketShares of Microsoft Corp. inched 0.17% higher to $317.54 Monday, on what proved to be an all-around positive trading session for the stock market, with the...
Source: MarketWatch - 🏆 3. / 97 Read more »

Alphabet Inc. Cl A stock rises Monday, outperforms marketShares of Alphabet Inc. Cl A inched 0.66% higher to $131.11 Monday, on what proved to be an all-around favorable trading session for the stock market, with...
Source: MarketWatch - 🏆 3. / 97 Read more »