
The Writers Guild of America went on strike after failing to reach a new contract agreement with the Alliance of Motion Picture and Television Producers, the bargaining association for studios.
A central issue behind the walkout is the rise of streaming shows and movies. Residuals from streaming services tend to be much less than for traditional theatrically released movies and broadcast and cable shows. A streaming series usually results in far fewer episodes in a season compared with broadcast networks.
Zack Stentz, a screenwriter, laid out the issues in an April 30 guest opinion essay in The New York Times. Here’s an excerpt.
The reality is that the seemingly big paychecks of Hollywood have to last through the lean periods that nearly every writer experiences.
Traditionally, one of the biggest buffers against that volatility is residuals: the money that writers earn from the reuse of our work, encompassing everything from cable and syndicated reruns of old television episodes to airlines licensing movies for in-flight viewing. The formulas used to calculate the money owed for various forms of reuse are complicated and vary widely across platforms. As a result, the payments can be relatively tiny or very large — and one of the more delightful parts of being a working screenwriter is opening your mailbox and seeing the distinctive green envelope that residuals come in, not knowing if the check inside will cover an In-N-Out burger or your mortgage payment.
But the odds of a big check that bails out a writer in dire financial straits are growing ever longer. Programming is moving increasingly away from theatrical, broadcast and cable to streaming platforms, which typically pay residuals at a far lower rate. This is why one of the major areas in our current negotiation is bringing streaming residuals more in line with broadcast and cable rates.
The WGA and AMPTP put out dueling statements blaming the other for the impasse. THIS VARIETY STORY has quotes from both. AMPTP said it had offered increases in compensation and residuals but the guild was not giving in on other proposals. Variety summarized the WGA’s position as the studios represented by AMPTP are “not responding to fundamental shifts in the entertainment economy.”
The last WGA strike in 2007-08 affected production of Quantum of Solace. Writer Paul Haggis had delivered a script draft shortly before the walkout. But it wasn’t until after the strike ended (and filming had begun) that writer Joshua Zetumer could be hired to do revisions during production. Zetumer did not receive a screen credit for his work on the film.
Whether the current strike has an impact on Bond 26 remains to be seen.
Filed under: James Bond Films | Tagged: Alliance of Motion Picture and Television Producers, Bond 26, Joshua Zetumer, Quantum of Solace, Writers Guild of America, Zack Stentz | Leave a comment »