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1 item from 2016

Writers Guild Seeking ‘Fair Share’ of Media Conglomerate Profits of $49 Billion

10 May 2016 2:20 PM, PDT | Variety - Film News | See recent Variety - Film News news »

Leaders of the Writers Guild of America West have taken an aggressive first step toward the upcoming contract negotiations with the industry’s production companies.

The WGA West board of directors told the 8,000 members Tuesday that they plan to seek a bigger cut of the $49 billion in 2015 profits from the top six media conglomerates. The current three-year deal for the guild’s master contract expires in slightly less than a year on May 1.

The Alliance of Motion Picture and Television Producers, which acts as the negotiating arm for the companies, was not immediately available for comment.

“49 billion dollars,” the note began. “Now contrast that with the economic picture facing the members of our guild, whose average incomes in both features and series TV have actually decreased over that same decade. And contrast it with the state of our Health Plan which – due to rapid inflation in health care costs nationwide »

- Dave McNary

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1 item from 2016

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