Current:Home > StocksIndexbit-WGA ends strike, releases details on tentative deal with studios -Ascend Finance Compass
Indexbit-WGA ends strike, releases details on tentative deal with studios
Algosensey View
Date:2025-04-10 13:46:10
The Writers Guild of America released the details of their tentative agreement with Hollywood studios and have unanimously voted to end the nearly 150-day strike.
Effective at 12:01 a.m. Wednesday, writers can return to their jobs despite the ongoing ratification process. According to an email sent to the union's membership, the return to work "does not affect the membership's right to make a final determination on contract approval."
The three-year deal outlines a 12.5% pay increase starting with a 5% upon the contract's ratification. For the following two years, writers will receive 4% and 3.5% increases in the respective years.
Before the 148-day strike, the WGA asked the Alliance of Motion Picture and Television Producers for a 16% raise over three years.
In addition to raises, writers secured a 76% increase in foreign streaming residuals. According to WGA, this will increase their residuals from Netflix from $18,684 to $32,830 for a single, hour-long episode. Writers will also receive a "viewership-based streaming bonus" between $9,000 and $40,500, depending upon the length of the show or if the streaming feature has a budget over $30 million.
To track the total viewership, the AMPTP agreed to share the total number of hours streamed domestically and internationally as long as they remained confidential between the two sides. The information may be shared with union members, but only in an aggregated form.
The AMPTP capitulated on the mandatory staffing requirements they previously rebuked. According to the union, studios must hire at least three writer-producers, including the showrunner, for a guaranteed 10 consecutive weeks of work during the development of a series, also called "development rooms."
Once projects are greenlighted, the minimum of writers increases to five once the series reaches seven episodes. Teams working on shows with 13 or more episodes will receive another writer. The WGA dubbed this facet of the production as "post-greenlight rooms."
These projects come with at least 20 weeks of guaranteed work or the "post-greenlight room" duration, whichever is shorter.
One of the final sticking points that led to the historic strike stemmed from implementing artificial technology (AI). At first, writers wanted protection, while the studios rejected the idea and only countered with an annual meeting "to discuss advancements in technology."
Now, the two sides have established a set of guidelines regulating the use of AI in MBA-covered productions.
First, AI cannot write or rewrite any literary material and AI-generated material cannot be considered source material under this current deal. The WGA said this would prevent the material from undermining credits or other rights granted to writers. However, the rules do not bar writers from using AI to help with their work if the company allows it and if they follow its policies. The studios cannot require a writer to use AI software.
Studios must also inform writers if any of the materials they receive are AI-generated or contain AI-generated material. Finally, the WGA "reserves the right to assert that exploitation of writers' material to train AI is prohibited by MBA or other law."
EDITOR'S NOTE: Many KCAL News producers and writers are WGA members. However, they are on a separate contract. Paramount Global owns CBS and KCAL News and is part of the AMPTP.
veryGood! (4)
Related
- Trump's 'stop
- A Court Blocks Oil Exploration and Underwater Seismic Testing Off South Africa’s ‘Wild Coast’
- Hailee Steinfeld and Buffalo Bills Quarterback Josh Allen Turn Up the Heat While Kissing in Mexico
- Elon's giant rocket
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Pump Up the Music Because Ariana Madix Is Officially Joining Dancing With the Stars
- Supreme Court sides with Jack Daniel's in trademark dispute with dog toy maker
- Inside Clean Energy: Explaining the Record-Breaking Offshore Wind Sale
- Why members of two of EPA's influential science advisory committees were let go
- Inside Clean Energy: US Battery Storage Soared in 2021, Including These Three Monster Projects
Ranking
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Amazingly, the U.S. job market continues to roar. Here are the 5 things to know
- Apple moves into virtual reality with a headset that will cost you more than $3,000
- Drifting Toward Disaster: the (Second) Rio Grande
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Untangling John Mayer's Surprising Dating History
- One mom takes on YouTube over deadly social media blackout challenge
- Drifting Toward Disaster: the (Second) Rio Grande
Recommendation
Could your smelly farts help science?
Grimes used AI to clone her own voice. We cloned the voice of a host of Planet Money.
Freight drivers feel the flip-flop
Boeing finds new problems with Starliner space capsule and delays first crewed launch
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Mega Millions jackpot grows to $820 million. See winning numbers for July 21.
The debt ceiling deal bulldozes a controversial pipeline's path through the courts
It's not just you: Many jobs are requiring more interviews. Here's how to stand out