California Treasurer Fiona Ma calls on Hollywood studios to end writers' and actors' strikes

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California Treasurer Fiona Ma calls on Hollywood studios to end writers' and actors' strikes
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California Treasurer Fiona Ma sent letters this week to major media companies, including NBCUniversal owner Comcast Corp., to end the WGA and SAG-AFTRA strikes.

California State Treasurer Fiona Ma sent letters this week to studios represented by the Alliance of Motion Picture and Television Producers, urging them to negotiate “fair deals” to end the dual strikes led by film and TV writers and actors.

Ma, in her role as treasurer and as a board member of state pension funds serving public workers and teachers, wrote letters to seven companies: Netflix, Walt Disney Co., Comcast, Warner Bros. Discovery, Apple, Paramount Global and Amazon. Her message emphasized the damage the prolonged labor dispute is having on the state’s economy.

“The impact of these two strikes paralyzes Hollywood and reverberates across the state, affecting countless businesses, thousands of pension fund beneficiaries, and millions of Californians,” Ma wrote in a Wednesday letter to Brian Roberts, chief executive of NBCUniversal owner Comcast. “Your failure to come to an agreement is threatening the industry’s ability to ensure that writing, acting and other positions are viewed as sustainable careers in California.

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