Strike Watch: WGA On Fixed Residual Proposal
Writers Guild East and West Presidents Michael Winship and Patric M. Verrone just issued a joint press release on the fixed residual proposal for web-streamed programs. Joint release after the jump …
To Our Fellow Members:
Yesterday, the WGAE and WGAW presented to the AMPTP a response to its proposal on streaming television programs.
We accepted the framework in their proposal of last Thursday for a fixed residual in the first year.
But rather than basing the residual for the entire first year on a small percentage of the applicable minimum, we proposed that the fixed residual be paid on a higher percentage of applicable minimum for each 100,000 streams per quarter.
This
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