The most recent plan, which was presented to the writers August 11th was made public by the Alliance of Motion Picture and Television Producers. The main concerns for the writers are addressed in the offer, including residuals and remuneration, artificial intelligence, and improved transparency about the streaming industry.
Here are a few highlights of the proposal:
The AMPTP reports that the latest studio proposal includes the highest pay increase for the WGA in 35 years,”a compounded 13% increase over the three-year contract, with an increase of 5% in year one, 4% in year two, and 3.5% in year three”, and came days after producers requested a meeting with the writers.
The full package’s highlights include: a significantly increased pay with a cumulative 13% increase over the course of the three-year contract—an increase of 5% in year one, 4% in year two, and 3.5% in year three—this is the greatest wage increase for the WGA in 35 years.
In addition to salary increases, the first year of the agreement will see a 15% hike in the minimum weekly rates for Article 14 authors (apart from Story Editors and Executive Story Editors), with additional general wage increases in the second and third years of the agreement.
$9,888/week to $11,371/week for guarantees of up to 9 weeks; $8,240/week to $9,476/week for guarantees of 10-19 weeks; and $ 7,412/ week to $8,524/week for guarantees of 20-29 weeks (all are 15%increases.)
Carol Lombardini, President of the AMPTP, said, “Our priority is to end the strike so that valued members of the creative community can return to what they do best and to end the hardships that so many people and businesses that service the industry are experiencing. We have come to the table with an offer that meets the priority concerns the writers have expressed. We are deeply committed to ending the strike and are hopeful that the WGA will work toward the same resolution.”
Increases in High Budget SVOD Residual
For three exhibition years, the total global (domestic and foreign) residuals would rise from $72,067 to $87,546 per episode.
A brand-new framework for developing writers into tomorrow’s showrunners that ensures the duration of employment and calls for the assignment of at least two mid-level writers, chosen by the showrunner, to production.
AMPTP is committed to giving the Showrunner the ability to choose at least two mid-level writers who will be assigned to production and who will each be given a minimum of 20 weeks of work (unless the production period is shorter).A revised system of development room compensation A minimum of 10 weeks of work will be provided to authors, and for Article 14 writers (apart from Story Editors and Executive Story Editors), the the week-to-week rate of pay will increase by 43.8% over the current rate, raising the rate from $9,888 per week to $14,214 per week.
Groundbreaking safeguards for authors relating to the application of generative artificial intelligence (GAI). Writings generated by GAI shall not be regarded as literary works.
The writer’s compensation, credit, and separated rights will not be impacted by the use of GAI-produced material, even if a portion of the script is based on GAI-produced content.
data transparency will be improved to reflect how the internet has altered the dynamics of the entertainment industry.
The WGA will receive viewership information in the form of quarterly confidential reports for the first time, which will contain the total SVOD view hours for each title. The WGA will be able to create ideas to reorganize the current SVOD residual framework thanks to the greater openness.
Minimum Employment Guaranteed in Development Rooms
By giving both a minimum period of employment (regardless of weeks worked) and a new and improved compensation structure for High Budget SVOD and pay television programs and serials, the Companies have reinvented the economics of the development room. In addition, the week-to-week wage for Article 14 authors (other than Story Editors or Executive Story Editors) will increase by 43.8% over the present rate, going from $9,888 per week to $14,214 per week. As a result, writers in development rooms will now be assured a minimum of 10 weeks of employment. Rates for Staff Writers will rise from $5,302/week to $6,959/week, a 31.3% increase over the existing weekly rate; rates for Article 14 Story Editors and Executive Story Editors will increase from $9,888/week to $12,978/week.
The full details of the proposal can be seen at the AMPTP Press Release
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