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Streaming Services Will Pay Writers More Under New Writers Guild Pact (deadline.com)
An anonymous reader quotes Deadline:
Netflix, Amazon and Hulu will be paying a lot more in writers' residuals under the new WGA film and TV contract. New details, outlined by WGA West, reveal that high-budget shows they run will generate anywhere between $3,448-$34,637 more residuals per episode over the life of the three-year contract than they did under the old contract, depending on the platform and the length of the show. Essentially, it's the same deal the Director's Guild of America got in their negotiations last December. The WGA contract, which has been unanimously approved by the WGA West board and the WGA East council, now goes to the guilds' members for final ratification. Voting begins Friday and concludes May 24.
For every half-hour of a high-budget show, Netflix will be paying $19,058 more in residuals than it did under the old contract.
For every half-hour of a high-budget show, Netflix will be paying $19,058 more in residuals than it did under the old contract.
They've been actively destoying themselves for years. With the increasingly liberal bent on everything they produce to the selling of most of their studios to China, they are pretty much dead. Most movies aren't even shot in Hollywood anymore but Canada and Australia.
It's too bad too, Hollywood was one of Americas success stories. Now it's just a sad lesson in what not to do.