AIRLINK 74.00 Decreased By ▼ -0.56 (-0.75%)
BOP 5.02 Decreased By ▼ -0.04 (-0.79%)
CNERGY 4.42 Decreased By ▼ -0.04 (-0.9%)
DFML 39.20 Decreased By ▼ -0.53 (-1.33%)
DGKC 86.09 Decreased By ▼ -1.46 (-1.67%)
FCCL 21.65 Decreased By ▼ -0.28 (-1.28%)
FFBL 34.01 Decreased By ▼ -0.58 (-1.68%)
FFL 9.92 Increased By ▲ 0.17 (1.74%)
GGL 10.56 Increased By ▲ 0.07 (0.67%)
HBL 113.89 Increased By ▲ 0.10 (0.09%)
HUBC 135.84 Decreased By ▼ -0.68 (-0.5%)
HUMNL 11.90 Increased By ▲ 1.00 (9.17%)
KEL 4.84 Increased By ▲ 0.17 (3.64%)
KOSM 4.53 Decreased By ▼ -0.11 (-2.37%)
MLCF 38.27 Decreased By ▼ -0.19 (-0.49%)
OGDC 134.85 Decreased By ▼ -1.29 (-0.95%)
PAEL 26.35 Decreased By ▼ -0.26 (-0.98%)
PIAA 20.80 Decreased By ▼ -1.69 (-7.51%)
PIBTL 6.68 Increased By ▲ 0.01 (0.15%)
PPL 123.00 Increased By ▲ 0.71 (0.58%)
PRL 26.69 Decreased By ▼ -0.28 (-1.04%)
PTC 14.33 Increased By ▲ 0.42 (3.02%)
SEARL 59.12 Decreased By ▼ -0.75 (-1.25%)
SNGP 69.50 Decreased By ▼ -0.56 (-0.8%)
SSGC 10.33 Decreased By ▼ -0.02 (-0.19%)
TELE 8.50 Decreased By ▼ -0.04 (-0.47%)
TPLP 11.23 Decreased By ▼ -0.11 (-0.97%)
TRG 64.85 Decreased By ▼ -1.15 (-1.74%)
UNITY 26.25 Decreased By ▼ -0.08 (-0.3%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 7,851 Increased By 26.3 (0.34%)
BR30 25,337 Decreased By -69.2 (-0.27%)
KSE100 75,207 Increased By 122.8 (0.16%)
KSE30 24,143 Increased By 49.1 (0.2%)

Hollywood studios and streaming services on Tuesday released the terms of a revised proposal to writers in a bid to end one of two strikes that have halted production and cost the California economy billions of dollars.

The Alliance of Motion Picture and Television Producers (AMPTP), which negotiates on behalf of companies including Walt Disney and Netflix, changed its offer to include new details about critical issues like compensation, minimum staffing, residual payments and curbs on artificial intelligence.

Hollywood shuts down as actors go on strike

According to the latest proposal, the Writers’ Guild of America (WGA) will get a compounded 13% pay increase over the three-year contract, and AI-generated written content will not be considered “literary material”.

The streaming platforms also offered to provide the WGA with the total number of hours viewed for each made-for-streaming show in confidential quarterly reports.

Hollywood actors authorize strike as writers still out

“We have come to the table with an offer that meets the priority concerns the writers have expressed. We are deeply committed to ending the strike and are hopeful that the WGA will work toward the same resolution,” AMPTP President Carol Lombardini said in a statement.

A WGA spokesperson did not immediately respond to a request for comment.

The WGA, which represents around 11,500 film and television writers, walked off the job on May 2 after negotiations reached an impasse over compensation, minimum staffing of writers’ rooms and residual payments in the streaming era, among other issues.

They were joined on the picket lines on July 14 by members of the Screen Actors Guild, effectively halting much of U.S. film and scripted television production

Everybody hurts: Los Angeles suffers as Hollywood strike hits 100 days

Comments

Comments are closed.