Our Services

Get 15% Discount on your First Order

I need your help 2 Warner Bros Discovery Stakeholder Analysis Name of student Institution Instructor Course Submission

October 19, 2024

I need your help

Warner Bros Discovery Stakeholder Analysis

Name of student

Institution

Instructor

Course

Submission date

Warner Bros Discovery is one of the biggest players in the entertainment industry, it deals with films, television programs, media content and products across the world. One of the major stakeholders that has affected the company in the recent past to a very huge extent is the Screen Actors Guild – American Federation of Television and Radio Artists (SAG-AFTRA). This union consists of approximately 160,000 members including actors, journalists, and media professionals from across the globe and is responsible for negotiating working environments and policies of many entertainment companies including Warner Bros Discovery (WorldVeritas, 2024).

SAG-AFTRA has controlled the Company’s business operations in the last one year, notably concerning working conditions and remunerations during the COVID-19 crisis. They demanded better safety measures implemented on the industry, proper wages as well as exercising the welfare of union members. This push meant that Warner Bros Discovery had to make major changes to its production timelines, production standards, and even equity on set for actors as well as workers (Handel, 2023). Some of the changes affected operation costs of the company while others helped in ensuring that productions were still ongoing even in the face of the COVID-19 pandemic.

The effects of SAG-AFTRA on Warner Bros Discovery are a clear indication that stakeholders have the power to control the corporate affairs of a business. As noted by Lawrence and Weber (2020), “managers must pay attention to the effects of their decisions on stakeholders, as well as stakeholders’ effects on the company” (p. 8). Members and supporters with large organizational inducements, such as the Screen Actors Guild – American Federation of Television and Radio Artists (SAG-AFTRA), can use their positions to force adjustments that will satisfy their requirements (WorldVeritas, 2024). Here, the union also made sure that conditions of working for its members were improved which shows how stakeholders can be so relevant in determining operations of a firm.

In conclusion, the intervention of SAG-AFTRA on Warner Bros Discovery demonstrates the need to sustain a good working relationship with the stake holder. In addressing the demands of the union, both the company and the workers benefited because Warner Bros Discovery was able to provide for the needs of its employees and at the same time avoid disruption in production. This specific case highlights the important roles played by stakeholder relations in the management of business activities.

References

Lawrence, A. & Weber. (2020). Business and Society: Stakeholders, Ethics, Public Policy, 16th edition. McGraw Hill

Handel, C. (2023, November).
Hollywood Strikes cost Warner Bros.. Discovery subscribers in third quarter. Times Square Investment Journal.

WorldVeritas. (2024, September).
SAG-AFTRA: Understanding the union and its impact on the entertainment industry.

>Business & Finance homework help

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

ollow all directions Week 4: Discussion Sep 19, 2024 3:30PM Miatta Teasley

ollow all directions Week 4: Discussion Sep 19, 2024 3:30PM Miatta Teasley Social Problem: Homelessness Homelessness is a complex social issue affecting individuals and families, often rooted in factors such as lack of affordable housing, unemployment, mental health issues, and substance abuse. Addressing homelessness requires a multifaceted approach that

Evidence-Based Project, Part 1: Identifying Research Methodologies Is there a difference between “common practice” and “best practice”? When you

Evidence-Based Project, Part 1: Identifying Research Methodologies Is there a difference between “common practice” and “best practice”? When you first went to work for your current organization, experienced colleagues may have shared with you details about processes and procedures. Perhaps you even attended an orientation session to brief you on

Complete in sentences for my student grade 1 tiny fishing: The cat is sleeping on the _. I like to eat apples and _. The sun is ___ in the sky. The

Complete in sentences for my student grade 1 tiny fishing: The cat is sleeping on the ___. I like to eat apples and ___. The sun is ___ in the sky. The dog is playing with a ___. My favorite color is ___. We go to school to ___. The

3 parts- see attached Assignment Content Contract Scenario Calvin had been an avid coin collector for many years, and the most valuable coin in

3 parts- see attached Assignment Content Contract Scenario Calvin had been an avid coin collector for many years, and the most valuable coin in his collection was an uncirculated, mint condition, 1943 Lincoln penny made of copper (most pennies made during World War II were made of zinc because copper

Research – System Analysis and design Assignment 9.1 – Business Processes and Process Management Research a scholarly paper or

Research – System Analysis and design Assignment 9.1 – Business Processes and Process Management Research a scholarly paper or professional video on “Business Processes, and Process Specifications” and reflect on only one (1) of the following topics: · “Processes”: What type of business system’s Processes exist? · “Specifications”: How important

Assignment: FIRST: Sign up to establish a team. How you choose to work as a team is up to the team, so please discuss and

Assignment: FIRST: Sign up to establish a team. How you choose to work as a team is up to the team, so please discuss and decide accordingly who will do what and by what date. Make sure you are communicating and collaborating regularly. The entire team will earn the same

Case 6.3 Leonard v. PepsiCo, Inc., 210 F.3d 88 (2d Cir. 2000) The cases are assigned based on what team you are in so that case

Case 6.3 Leonard v. PepsiCo, Inc., 210 F.3d 88 (2d Cir. 2000) The cases are assigned based on what team you are in so that cases are distributed evenly. Each student will treat this as an individual assignment (you do not need to meet with your team). Your response should

this has 3 parts must answer professor question with thesis and refrence from the Making of the West text book. Second you must ask a question with a

this has 3 parts must answer professor question with thesis and refrence from the Making of the West text book. Second you must ask a question with a full description of the question with references the you must response to 2 students. Professor Question:What do the primary sources for chapter

Thumbnails/thumbnail.png Write a reflection on your mental health clinical experience at Prarie St. John and what you have learned during the experience and

Thumbnails/thumbnail.png Write a reflection on your mental health clinical experience at Prarie St. John and what you have learned during the experience and what disorders you like to know more about. 2 pages

The morale of the department is poor due to the increased workload as a result of the reduction of personnel from the budget shortfall. As the new chief,

The morale of the department is poor due to the increased workload as a result of the reduction of personnel from the budget shortfall. As the new chief, you have been called to an emergency meeting with the city manager and city council to discuss ways in which the department

What is the role of college in America today? Compare Murray’s argument in “Are Too Many People Going to College?” with the argument presented in one of

What is the role of college in America today? Compare Murray’s argument in “Are Too Many People Going to College?” with the argument presented in one of the assigned articles in Week 1 (Owen & Sawhill, Addison, or Lehman). How do both articles address the overall argument about the role

These are a compilation of some Calculus assignments, they are not very hard to do, they are just many and I do not have the time today so I would really a

These are a compilation of some Calculus assignments, they are not very hard to do, they are just many and I do not have the time today so I would really appreciate the help!! Please let me know how much you think this is worth, I also linked the problems

SY241 Lifespan Project (Part 3) Template Name: Young Adulthood 1. Young Adulthood ~ Developmental Milestones (Physical) • Identify and describe, in

SY241 Lifespan Project (Part 3) Template Name: Young Adulthood 1. Young Adulthood ~ Developmental Milestones (Physical) • Identify and describe, in detail, at least 3 physical milestones that occur during this stage, using the book and other reliable resources. (Please cite your information.) 2. Young Adulthood ~ Personal Experiences (Physical)

To complete this discussion, please base your work on Enron, WorldCom, or another white collar crime story of your choosing. Name the company you

To complete this discussion, please base your work on Enron, WorldCom, or another white collar crime story of your choosing. Name the company you selected and briefly summarize the crime. Do you think that the CEOs and other corporate officers involved were justly held criminally responsible or not? Explain your

In a world that’s facing new situations and changes every day, the healthcare industry should continue updating its patient care services to keep pace.

In a world that’s facing new situations and changes every day, the healthcare industry should continue updating its patient care services to keep pace. This week’s discussion is on healthcare trends. Begin by reviewing this week’s resources and then reflect on what you have studied in the previous weeks. Next,

Our Services

I need your help 2 Warner Bros Discovery Stakeholder Analysis Name of student Institution Instructor Course Submission

Share This Post

Related Questions

Use Our 6 Free Tools