Strike Watch: On Late Show Producers and Show Runners
— Bill Carter of The New York Times breaks down the economics behind David Letterman’s payment — through his production company, Worldwide Pants — of strikers’ salaries:
”The statement did not spell out the formula, but an executive involved in the decision described the economic breakdown: An employee making $2,000 a week or less would be paid in full. For salaries above $2,000 a week, the employee would receive 50 percent of anything over $2,000, except that no employee would receive more than $4,000 a week.
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