Tag

Streaming Pay

All articles tagged with #streaming pay

entertainment2 years ago•4 min saved

Hollywood Strike: Actors and Studios at Impasse Over Streaming Pay

Talks between SAG-AFTRA and major studios have broken down over a $480 million gap in streaming pay. SAG-AFTRA is demanding $500 million in a new streaming residual formula, while the studios are only willing to pay $20 million. The union remains on strike, causing the entertainment industry to remain shut down. Other issues, such as artificial intelligence and minimum rate increases, are also causing disagreements. The studios have estimated that their offer is worth over $1 billion to actors over three years, primarily through higher minimum rates.

via Variety|

#entertainment #negotiations #residuals

entertainment2 years ago•1 min saved

Writers Guild and Studios Resume Talks to End Strike

Representatives of the Writers Guild of America and major studios have agreed to meet for the first time since the writers' strike began three months ago. The meeting, requested by the Alliance of Motion Picture and Television Producers, signals a possible thaw in the standoff over streaming pay and other issues. However, it remains uncertain if the meeting will lead to a resolution. The labor dispute has disrupted film and TV productions, with the upcoming fall TV season in jeopardy. The sides are still far apart on major issues, including writers' demands for a larger share of streaming revenue and increased minimum pay rates.

via Los Angeles Times|

#entertainment #hollywood #negotiations