Studio Babelsberg, steeped in cinematic history, is anticipating an improved order situation following the conclusion of the Hollywood strike. The Executive Board announced optimistically that a major US film project is likely to commence in the first quarter of 2024. The ratification of a new contract by SAG-AFTRA members has paved the way for major Hollywood studios and producers to resume preparations and planning for projects[1].
After a months-long strike in the film industry came to an end at the start of December, SAG-AFTRA members voted in favor of a new contract by a large majority. This decision effectively ended the walkout, which had begun in July. In response, Studio Babelsberg, recognized as the oldest large-scale film studio globally, had announced short-time working due to a poor order situation earlier in August[1].
With the strike behind them, Studio Babelsberg, which has produced iconic films like "Metropolis", "The Blue Angel", and "Die Feuerzangenbowle", as well as more recent successes such as "The Bourne Conspiracy" and "Bridge of Spies", looks forward to welcoming new productions[1]. In fact, Cinespace Studios, the new US-based owner, is planning to attract major streaming services to the facility in Brandenburg, contributing to an anticipated surge in new productions[1].
Studio Babelsberg also boasts a rich history of notable German productions like "Babylon Berlin" and star-studded collaborations such as "Bathing in Chocolate - Timothée Chalamet is 'Wonka'" and "Sandra Hüller nominated for Critics Choice Awards"[2]. The studio's latest undertakings include "The Phoenician Scheme" and "Control", directed by Robert Schwentke[2].
While the new SAG-AFTRA contract includes provisions for higher minimum wages for background actors and AI protections, these terms do not directly impact Studio Babelsberg's expected order situation[1]. Instead, Studio Babelsberg's operations and production schedule are influenced by factors such as film funding reforms, new management appointments, and ongoing productions.
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The new contract ratified by SAG-AFTRA members primarily addresses issues related to compensation, job security, and safeguards against AI, which are more relevant to the broader Hollywood industry and its labor unions. While these provisions might influence the market demand for large-scale film productions, Studio Babelsberg's operations and production schedule are primarily shaped by factors like film funding reforms, new management appointments, and ongoing productions.
