TENTATIVE DEAL REACHED IN WRITERS STRIKE
Cory Bergman February 9th, 2008
The WGA and producers have reached a tentative agreement which could send the writers back to work as early as Monday. Here’s the key quote from the WGA: “It is an agreement that protects a future in which the Internet becomes the primary means of both content creation and delivery,” they said in a memo to members. “It creates formulas for revenue-based residuals in new media, provides access to deals and financial data to help us evaluate and enforce those formulas, and establishes the principle that, ‘When they get paid, we get paid.’”
Explains the NY Times, “The tentative agreement became possible when the sides reached a handshake deal last week on a crucial term under which writers would be paid a fixed residual amounting to about $1,300 for the right to stream a television program online. In the third year of their contract, the writers would achieve one of their major goals — payments amounting to 2 percent of the distributor’s revenue from such streams.”
I’m impressed by the acceptance that the internet will replace traditional, linear TV as the “primary means of content creation and delivery.”
6 Comments Add your own
1. tim | February 9th, 2008 at 1:08 pm
It couldn’t come soon enough - politics and reality television are becoming too much!
2. tbd | February 9th, 2008 at 7:33 pm
What’s with the sudden rash of ALL CAPS headlines?
3. tdc | February 9th, 2008 at 7:59 pm
ya’ think the new comscore figures showing over 10b web videos were watched last month might have convinced both sides that folks were moving on with their entertainment lives… with or without them?
4. coffee | February 10th, 2008 at 10:40 am
Then there’s the SAG strike coming in June. TV is going to have some scars - such as the 8-episode Season 4 box set for Lost and the partially-produced likely-to-be-never-completed season of 24.
“…there’s another one in Cleveland”
5. tdc | February 10th, 2008 at 3:41 pm
livenewscameras(dotcom) has been moderated all day today.
where would you rather hang out, reading day old or older stories or watching up to the second live streams?
anyone who trivializes the possibilities of this web channel does so at their own risk.
i like it!
6. oakling | February 16th, 2008 at 7:24 pm
Yay writers!!
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