Loading...
Blog

WGA Reaches Tentative 3-Year Deal with Producers

Original publish date: April 7, 2014

The Writers Guild of America has struck a new tentative deal with the Association of Motion Picture & Television Producers, according to the Hollywood Reporter. The three-year agreement, which would go into effect May 2, is to include a 3 percent wage increase each year, with an optional 0.5 percent diversion to pension and health contributions – exercised in the first year, for a net wage increase of 2.5 percent. Residuals bases will be increased, Basic Cable wage increases will be higher in the second season of a show, and streaming new media residuals will go up.

There is also an increase in the script publication fee from $5,000 to $10,000 and a reduction of hold periods shows can place on staff writers who are not currently working.

See the full details in the Hollywood Reporter article here.

 


SHARE ON
Facebook Icon For Sharing Twitter Icon For Sharing LinkedIn Icon For Sharing Email Icon For Sharing

Most recent posts

Production Budget Templates for Content Creators

September 14, 2020

Blog post: Production Accounting in the Age of COVID-19

Production Accounting in the Age of COVID-19

July 10, 2020

Blog post: How To Tag Your Budget for the California Film Tax Incentive in Showbiz Budgeting

How To Tag Your Budget for the California Film Tax Incentive in Showbiz Budgeting