Stocks Are Holding Steady

CSI Files

CSI Files

Captain
The writers' strike is not affecting share prices.

Eight weeks into the Writers Guild of America (WGA) strike, Wall Street is unfazed. The value CBS Corporation's stock is essentially the same now as it was when the strike began on November 5. Even though the home of the CSI franchise is largely dependent on television, things have not been frantic on the stock market. Shows such as CSI: Crime Scene Investigation and its spinoffs do well in repeats, and the network has news and reality shows to bolster the schedule. As CSI Files reported earlier this month, CBS also plans to borrow shows from its sister network, Showtime, such as the popular series Dexter.

Both the WGA and the Alliance of Motion Picture and Television Producers (AMPTP) have utilized statistics to bolster their arguments recently. The WGA cited a poll that was done by USA Today/Gallup which stated that 60\% of those asked supported the writers while only 14\% were on the producers' side. The same poll also claimed that 38\% of the people interviewed would watch less television when the shows were all forced to go into repeats.

In response, the AMPTP pointed to the numbers on an internet survey from TNS. According to the numbers, 74\% of Americans claimed that the strike would not affect their viewing habits, and only 22\% claimed that they would watch less television. The TNS survey, which was taken earlier than the one done by USA Today/Gallup, stated that 34\% of those polled sided with the writers while 2\% supported the AMPTP. A further 20\% didn't support the strike because they didn't know the reason behind the writers' actions.

More information about the lack of activity on the stock market can be found on Variety's website. The statistics used by both sides are from an article on Variety.<center></center>
 
It's interesting that the AMPTP chose to use a survey that was taken earlier than the one the WGA used. It makes you wonder what the difference might have been if they'd done the survey more recently. (I believe the TNS survey was done at least a week before the Gallup survey.)

ETA: I have no idea why little slashes appeared between the numbers and the percentage signs--they aren't there on CSI Files. :confused:
 
^ It happens on all the news items with percentages. I think it's something to do with the html code. I assume the news is done on CSI Files using html, but this forum doesn't accept html so it seems to mess up...Unless you can edit it on here then you probably won't be able to fix it.

*is bored of the strike* I do love statistics though, even if they are essentially meaningless. I love that the AMPTP use a survey that shows that people really don't support them (2% come on? That is poor by anyone's standards), but as long as it shows that people will still watch the TV they are happy. :lol:
 
Nah, I can't edit posts in here. Ah well, at least it doesn't interfere with being able to read the article. :)

I'm bored of the strike too. I want everybody to have a fair shake at the end of the day, but it shouldn't take months and months for adults to communicate with one another.

I don't think the AMPTP cares if anybody agrees with them since they're running the show either way. :p I'm guessing that they wanted to show that fewer people supported the WGA and that most people wouldn't change their viewing habits.

It's all bull-crap, though. Silly statistics. :lol:
 
You must log in or register to reply here.
Back
Top