Warner executives: Strike has saved the company more than $100 million

According to Variety, Warner Bros. Discovery CEO Gunnar Wiedenfels said at the company's second quarter 2023 earnings conference that the WGA writers' strike that began in early May and the SAG-AFTRA strike that began in mid-July have saved the company more than $100 million. Gunnar Wiedenfels said the company plans to resume production of television and film projects in September and hopes that union and studio members can "return to the bargaining table."

Gunnar Wiedenfels said: "We create stories. Our goal is to create stories that entertain audiences and inspire people through the small and big screens. Without this great creative community, without the writers, directors, editors, producers, actors and other team members, we can't do anything. Our current challenge is to enable them to do their work in the best way possible. We very much hope that all parties can return to the negotiating table as soon as possible. We hope that these strikes can end in a way that the writers and actors will be fairly compensated and their efforts and contributions to the industry will be appreciated."