Historic Hollywood Strike Ends: Agreement Reached!

One of the biggest strikes in Hollywood history is coming to an end. An interim agreement was signed between the parties. The Writers Guild of America announced that the strike had yielded results and that they had made some gains against the studios.

The cinema industry has been going through a painful process since May. So much so that one of the biggest strikes in Hollywood history began and continues to this day. continued. As such, there were disruptions in the films that moviegoers were waiting for with great excitement. This was actually the reason why we haven’t been able to see new productions in theaters lately. However, the latest news is that everyone is now you can breathe easy it reveals.

According to the latest news, there is a dispute between the production studios and the Writers Guild of America (WGA). interim agreement signed. Not much information was given about the details of this agreement, but the WGA announced that some gains were made regarding the protection of writers’ rights and earnings. Netflix, Warner Bros. and giant producers and writers such as Disney, over the past week they had bargained. The final point we have reached reveals that the negotiations yielded results in favor of the authors.

Salaries will increase, bonus payments will be made

According to the information obtained, within the scope of the agreement, the authors salaries will be increased. Additionally, audience data will be shared more transparently and authors will receive bonus payments for works that become popular. In addition to all this, it will be mandatory to employ a certain number of personnel for a production. In what other areas has the WGA made gains? Unknown.

Let’s point out this; At this point, it is not correct to say that the strike is completely over. Because this is a temporary agreement. The American Association of Motion Picture and Television Producers (AMPTP) and WGA will take part in the next phase. all parties will bring them together and make a final agreement. When that agreement is signed, one of the biggest strikes in Hollywood history will be clearly over. When that day comes, you We will inform you again.

If you’re wondering what happened:

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Source :
https://www.businessinsider.com/hollywood-studios-and-writers-reached-agreement-to-end-strike-2023-9


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