Hollywood film studios have improved offers to screenwriters to end the strike
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Hollywood studios and streaming services have made new offers to the writers’ union in the hope that they will end the strike that has led to a halt in film production and is affecting the California economy with billions of dollars in losses. According to Reutersthe Alliance of Motion Picture and Television Producers (AMPTP), which is negotiating with striking screenwriters on behalf of movie studios, has made changes to key proposals, including paying royalties, increasing base wages and using artificial intelligence.
The alliance offered the Writers Guild of America (WGA), which represents about 11,500 screenwriters, a 12.5% incremental salary increase as part of a three-year contract. In the first year, the increase will be 5%, in the second – 4% and in the third – 3.5%. (Recall that the WGA was seeking a 6%-5%-5% increase.) In addition, the alliance agreed not to consider AI-generated content “literary material.”
For streaming services, the alliance has offered to report quarterly data on the number of views of each show. The provision of such statistics was required by services to assess the optimal amount of fees for viewing content. AMPTP proposed to increase the fee for each content repeat viewing from $72K to $87.5K per episode over three years of impressions and from $124.6K to $156.9K per episode over 10 years of impressions. A response to these proposals from the WGA is now awaited. Meanwhile strike screenwriters, which began on May 2, has already become the largest in 15 years. The previous time, in 2007-2008, the writers went on strike for 100 days.
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