), she wrote that “In the midst of the strike’s disruption, Comcast is asking shareholders to give retroactive advisory approval of the company’s 2022 reported executive compensation totaling over $130 million. By contrast, the proposed improvements the WGA currently has on the table would cost Comcast an estimated $34 million per year. I urge you to vote against Proposal 5 and encourage Comcast to put an end to the disruptive strike.
In her letter to Netflix shareholders , she said that “Since May 2nd, the writers’ strike and support from other Hollywood unions have disrupted writing and/or production on numerous Netflix series including. Netflix’s content pipeline has been blocked, with dozens of projects that were in development or ordered to series as of May 1st unable to move forward until WGA negotiations conclude.
“This disruption of content creation is of particular concern given Netflix’s recent rollout of advertising supported subscription tiers and its crackdown on password sharing in the U.S. and other major markets. A delay in the writing, production, and release of new content may impact Netflix’s ability to attract and retain subscribers and viewers just as the company asks customers to watch advertising and pay more for its content.
In a similar message to Comcast shareholders, she noted that the strike has “disrupted writing and/or production on numerous NBCUniversal series, including Dick Wolf’s Chicago franchise,. The strike’s impact on Comcast’s broadcast lineup has a knock-on effect for its streaming business which relies on a steady flow of new broadcast episodes to populate its platform the day after episodes air on TV.
In both letters she said that Netflix, Comcast and the other companies represented by the Alliance of Motion Picture and Television Producers “refused to negotiate an agreement that fairly compensates the writers who create their films and TV series.