The long-established Studio Babelsberg in Potsdam is expecting a better order situation again after the end of the Hollywood strike. “We look forward to welcoming new productions to the studio and assume that a major US film project will be in preparation in the first quarter of 2024,” the board said when asked.
“The news that SAG-AFTRA members have ratified a new contract allows major Hollywood studios and producers to continue their preparation and planning for projects.”
In the first half of December, a month-long strike in the film industry officially ended. By a large majority, members of the US actors union SAG-AFTRA ratified a new contract with the film production houses after they walked off their jobs in July. The studios reached an agreement at the beginning of October with the screenwriters’ union WGA, which had been on strike since May. The strike delayed the production of films and series for months. The strike led to Studio Babelsberg announcing short-time work in August due to poor order situation.
Studio Babelsberg claims to be the oldest large-scale film studio in the world. Films like “Metropolis”, “The Blue Angel” and “Die Feuerzangenbowle” were made there. Later, internationally successful feature films such as “The Bourne Conspiracy”, “Bridge of Spies” and the series “Babylon Berlin” were produced in Babelsberg.
Studio Babelsberg has had a new owner for several months. The film production facility passed its management into the hands of Cinespace Studios, which belongs to the US real estate investor TPG. An extraordinary general meeting in April voted with a majority in favor of a control and profit transfer agreement.
