WGA members have voted overwhelmingly to ratify their new film and TV contract, voting 4,068 to 87 (98% to 2%) to approve the deal. Guild leaders say that gains in the new pact are valued at more t…
The industry hasn’t been hit by a strike in more than a dozen years, when the WGA struck for 100 days in 2007-08. A strike this time around was all but precluded because of the existing work stoppage caused by the coronavirus shutdown.
The WGA will have the option to divert 0.5% from certain minimums into the Pension Plan in the 2nd year, and 0.75% in the 3rd year.The Script Publication Fee for credited screenwriters will increase by $2,500, to $12,500.Residuals for HBSVOD programs generally increase 46% due to changes in several factors in the formula for calculating the residual.
36-65 minute programs: $1,700,000 and above , effective the first Sunday following the AMPTP’s receipt of notice of ratification ; The rates for foreign streaming residuals will increase to 35% of the domestic residual for each exhibition year beyond the first three years, where it previously declined over time;
We clarified how and when subscribers of HBSVOD platforms are to be counted to help determine the right amounts due for initial compensation and residuals.In the 2017 agreement, we negotiated unpaid parenting leave for the first time ever. In the new agreement, starting in May 2021, writers who qualify for Guild health insurance will be entitled to a benefit to assist them with the birth or adoption of a new child, or the placement of a foster child. The payment will be funded by a 0.
Span protections will be expanded to cover more writers working on short orders, by increasing the cap on earnings from $350,000 to $400,000 for contracts made after the ratification date.We agreed to change fixed residuals for broadcast syndication sales of dramatic programs to 2% of the company’s accountable receipts for series licensed to the syndication market after July 1, 2020;
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