film and TV contract, which guild leaders say contains gains “valued at more than $200 million over three years,” including a 46% increase in residuals for high-budget Subscription Video on Demand programs. Voting will conclude on July 29, and a membership meeting will be held via teleconference on July 20 to discuss the terms of the new pact, which has received the unanimous support of both the WGA West’s Board and the WGA East’s Council.
o 20-35 minute programs: $1,000,000 and above , effective the first Sunday following the AMPTP’s receipt of notice of ratification • The percentages of the base for domestic streaming residuals will increase to 45%, 40%, and 35% in the first three years of use, up from 35%, 30%, and 30%, respectively;
• We agreed to subscriber tiers for Apple TV+, Peacock, Amazon, and HBO Max, which determine which minimums and residuals apply to writing for those HBSVOD platforms, as well as a mechanism for reassessing the tiers during the term of the agreement if necessary; and • Writers working on a project for 8 weeks or less will have more protections; in such cases, the company is prohibited from negotiating an option for future work unless the work starts immediately after the initial short employment; and
• We agreed to a fixed residual payment when high-budget SVOD programs are exhibited on a related ad-supported online streaming platform;
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