WGA To End Strike Tomorrow

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 Deadline.com is reporting that the Writers Guild Association, or WGA, which has been on strike since May 2, has agreed to end its strike effective at 12:01 AM PDT tomorrow. 

    According to Deadline.com, the WGA has reached a tentative agreement which will retroactively begin on September 25 and runs through May 1, 2026. WGA members will vote on the agreement between October 2 and October 9. 


The new WGA agreement includes, but may not necessarily be limited to:


1. "Made for HBSVOD series and films that are viewed by 20 % or more of the service's domestic subscribers in the first ninety days of release, or in the first 90 days in any subsequent exhibition year, get a bonus equal to fifty percent of the fixed domestic and foreign residual, with views calculated as hours streamed domestically of the season or film divided by runtime. These bonuses, which would take effect beginning with any projects released on or after January 1, 2024, would include up to $9.031 for a half-hour episode, $16,415 for an hour-long episode or $40,500 for a streaming feature over $30 million dollars in budget."


2. "The Companies agree to provide the Guild, subject to a confidentiality agreement, the total number of hours streamed, both domestically and internationally, of self-produced high budget streaming programs (for example, a Netflix original series)."


WGA members will be able to return to work while the new contract is being ratified. 


Sources

https://deadline.com/2023/09/wga-strike-officially-end-leaders-approve-tentative-deal-1235556919/

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