This will (hopefully) come to naught. But it still causes me to fill my pants:
In a move that ups the ante in the stalemate between actors and the studios over a new labor contract, the Screen Actors Guild has decided to pursue a strike authorization vote from its 120,000 members.
The decision came early Saturday morning after two days of mediation failed to bridge deep differences between the sides over how actors should be paid for work that is distributed over the Internet. Actors have been working without a contract since June 30.
Although a last-minute breakthrough is still possible, the actors and the studios now look to be inching closer to a costly showdown that would have seemed remote only a month ago.
The economy is in free fall, every other Hollywood labor organization has signed new three-year deals, and the actors get ready to pull the trigger.
I'll give it you as gently as I can.
If the actors go out, everybody else who works in the motion picture industry is screwed. Live action will shut down. Unemployment will skyrocket. And the various movie industry health and pension plans, which have been eating it already because of the drubbing their invested assets have taken, will very quckly be in desperate, desperate trouble because their cash flows will stop.
Animation employees wouldn't be slammed immediately, because they could continue working with the voice tracks that are in the can, but it could impact health coverage, and impact it in major ways.
And if a strike were to last three, four, five months? Don't even think about it, because you'll end up throwing yourself off a high cliff.
Have a happy Thanksgiving.