The Writers Guild of America have announced a strike will begin tomorrow, after talks broke down with major studios and streamers
Hollywood’s writers are going out on strike for the first time in more than 15 years.
Though our Negotiating Committee began this process intent on making a fair deal, the studios’ responses have been wholly insufficient given the existential crisis writers are facing.Residuals are like royalty payments for screenwriters; they earn these from both regular broadcasts and streaming, but they currently earn a lot more from the former – which, as streaming continues to proliferate and dominate, is causing a lot of disquiet in the industry.
The WGA has argued that because success is not factored into streaming residuals, seasoned writers are not being recognised with the wages they deserve and wages are stagnating. The WGA is also campaigning for a higher salary floor and for regulation on the use of artificial intelligence in scriptwriting, asking the AMPTP for a guarantee that it won’t be “used as source material”.. “The writers’ concerns are completely and objectively valid, which has the studios and producers a bit more rattled than they’d like to admit. Someone has to budge, but Wall Street is unrelenting in its expectations for studios.
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