2024 TV & Film Outlook Report

For the first time since 1960, WGA and SAG-AFTRA both went on strike. Work stopped for a total of 192 days, from the start of the WGA strike in May to the end of the SAG-AFTRA strike in November. Even before the strikes began, scripted production was seeing ~13% pull-back in Q1 2023. Due to the strikes, over $10B in production spending was put on hold. In total, 2023 saw a 23% decline in the number of productions starting principal photography globally.

The impact of the strike had a profound effect on the production community. As 2024 progresses, a new normal in production volume will begin to emerge and all eyes will be on the next round of labor negotiations with IATSE and Teamsters.

See our industry report highlights below.

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About ProdPro data coverage: ProdPro specializes in tracking English-language scripted content produced by the major studios globally, as well as independent and domestic productions in the United States, Canada, and the United Kingdom.