On September 25, 2023, Hollywood writers and studios reached a tentative deal to resolve a 146-day strike. The deal, which has yet to be approved by union members, includes wage increases, improved residuals for streaming shows, and protections against artificial intelligence.
The strike began on May 2, 2023, after negotiations between the Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP) broke down. The WGA was demanding better wages and working conditions for its members, who have been increasingly struggling to make a living in the changing Hollywood landscape.
The strike had a significant impact on the entertainment industry, halting production on many popular TV shows and movies. It also caused financial hardship for many writers and other industry workers.
The tentative deal between the WGA and AMPTP is a major victory for writers and for the entertainment industry as a whole. It is a sign that both sides are willing to work together to find solutions that benefit everyone involved.
Here are some of the key points of the tentative deal:
- Wage increases for writers of 2.5% in the first year and 3% in each subsequent year of the contract.
- Improved residuals for streaming shows, which will increase the amount of money that writers earn when their shows are streamed online.
- Protections against artificial intelligence, which will ensure that writers are compensated for their work when it is used to create new content.
The tentative deal is a positive step towards ending the strike and restoring stability to the entertainment industry. It is also a victory for writers, who have been demanding better wages and working conditions for years.
The WGA will now hold a vote to approve the tentative deal. If the deal is approved, it will go into effect immediately and writers will be able to return to work.
