Cutting the nose off to spite the face.
The Big Picture Imagine owing somebody $45 for a job, but refusing to pay them that. So, your job can't get done, and it ends up costing you $500. That would be pretty stupid, right? Well, add on the word "million" to those numbers and you'll find that you might be in charge of major Hollywood studios like Warner Bros. Discovery, who have found out that greed can end up costing money as much as earning it.
“It’s an unfortunate situation… We have to get back to work,” Wiedenfels said, speaking Thursday at the Bank of America Media, Communications and Entertainment Conference. WBD is working toward a solution in which “everyone feels they are respected and treated fairly.” Confidence in a Resolution As per the WGA's assessment, embracing the union's proposed contract terms would entail an approximate annual cost of $45 million for Warner Bros. Discovery. Ultimately, they cost themselves ten times that through sheer greed. Wiedenfels mentioned that Warner Bros. Discovery's CEO, David Zaslav, has been actively engaging with industry peers to facilitate the resolution of the WGA and SAG-AFTRA work stoppages.
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