Hollywood Producers’ Latest Contract Proposal Revealed Amid Writers Union Talks

One sentence summary – Hollywood producers have made their latest contract proposal public amid ongoing talks with the Writers Guild of America (WGA) union, addressing issues such as residuals, compensation, artificial intelligence, and transparency in the streaming business, but the writers union claims the offer falls short of their expectations due to limitations, loopholes, and omissions.

At a glance

  • Hollywood producers have made their latest contract proposal public amid ongoing talks with the writers union.
  • The proposal addresses residuals, compensation, artificial intelligence, and transparency in the streaming business.
  • The offer includes a 13% wage increase over a three-year contract.
  • The proposal also includes improved residuals and protections regarding the use of AI.
  • The writers union claims that the studios’ offer still falls short of their expectations.

The details

Hollywood producers have made their latest contract proposal public amid ongoing heated talks with the writers union.

The Alliance of Motion Picture and Television Producers (AMPTP) revealed the proposal.

The proposal was delivered to the writers on August 11.

The offer addresses residuals and compensation, artificial intelligence, and increased transparency in the streaming business.

Writers Guild of America (WGA) union members have been on strike for over 100 days.

This strike has impacted TV and movie production.

The latest proposal from the studios includes a compounded 13% wage increase over a three-year contract.

Additionally, the proposal raises residuals.

It provides for a new compensation structure.

The proposal also offers protections regarding the use of AI.

The AMPTP is committed to ending the strike.

They hope the WGA will work towards the same resolution.

However, the writers union released an update stating that discussions have taken place since the August 11 offer.

The writers claim that the recent meeting with media executives was not for making a deal.

They believe it was to pressure them into accepting the studios’ proposals.

They believe the studios’ latest offer still contains limitations, loopholes, and omissions.

These, they claim, do not adequately protect Hollywood writers.

The current news story revolves around the ongoing contract negotiations between Hollywood producers and the Writers Guild of America (WGA) union.

The AMPTP has made their latest contract proposal public.

This proposal addresses issues such as residuals, compensation, artificial intelligence, and transparency in the streaming business.

The proposal includes a 13% wage increase over a three-year contract.

It also includes improved residuals and protections regarding the use of AI.

However, the writers union claims that the studios’ offer still falls short of their expectations.

They cite limitations, loopholes, and omissions in the proposal.

The strike, which has lasted over 100 days, continues to impact TV and movie production.

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cnbc.com
– Hollywood producers have made their latest contract proposal public amid ongoing heated talks with the writers union.
The Alliance of Motion Picture and Television Producers (AMPTP) revealed the proposal, which was delivered to the writers on August 11.
The offer addresses residuals and compensation, artificial intelligence, and increased transparency in the streaming business.
– Writers Guild of America (WGA) union members have been on strike for over 100 days, impacting TV and movie production.
The latest proposal from the studios includes a compounded 13% wage increase over a three-year contract.
The proposal also raises residuals, provides for a new compensation structure, and offers protections regarding the use of AI.
The AMPTP is committed to ending the strike and hopes the WGA will work towards the same resolution.
The writers union released an update stating that discussions have taken place since the August 11 offer.
The writers claim that the recent meeting with media executives was not for making a deal but to pressure them into accepting the studios’ proposals.
The writers believe the studios’ latest offer still contains limitations, loopholes, and omissions that do not adequately protect Hollywood writers.

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