WWE can sometimes get affected by things from outside the pro wrestling world. Now, it appears that the recent writers strike might change the way WWE business. At least, WWE is keeping a close eye on things.
PW Insider reports that numerous individuals within WWE are closely monitoring the potential SAG-AFTRA strike. Negotiations between the actor’s union and major studios are ongoing, with a deadline set for Wednesday night at midnight.
There is a strong possibility that a strike will occur, as the two sides continue to negotiate issues such as higher wages, increased residual payments, and safeguards regarding the use of AI. If the strike does take place, it will result in actors and writers jointly striking for the first time in 63 years, effectively halting much of Hollywood’s production.
Those in WWE are waiting to see how the situation unfolds, recognizing that the strikes could potentially benefit the company. An actor’s strike would prohibit actors from promoting new films, and network shows would have to rely on reruns.
This scenario would likely work in WWE’s favor, as the company could continue its operations without interruption. Sources within the company highlight the success of the Bloodline segment on last week’s SmackDown, which drew in 3 million viewers and generated significant interest.
Since professional wrestling is a live format and does not have ties to unions, it becomes a valuable asset for networks seeking new original content during the strikes. Also, WWE is currently engaged in negotiations for media rights, which coincides perfectly with the ongoing WGA strike and the potential SAG-AFTRA strike.
It is believed that WWE is positioning itself in a much stronger position within the entertainment industry, which could greatly benefit its business prospects.
We will keep a close eye on this ongoing story to see how it develops. The writers strike could really screw up a lot of things in Hollywood, and WWE obviously doesn’t want things to overrun into their neck of the woods.
For more on this story, and so many more things going on in the whole pro wrestling world, stay tuned with us here at Ringside News.