Michele Mulroney, Secretary-Treasurer WGAW, ex-officioBob Schneider, Secretary-Treasurer WGAE, ex-officio: Deadline is hearing that CAA has reached agreement with the WGA that will end its stalemate and allow writers to return to the fold. They are down to a few final signatures, but sources said an internal announcement made it sound imminent, while acknowledging that the agency send WGA some terms on the affiliated production company clause it hopes passes muster with WGA.
CAA will have some things to work out, as it has the affiliated production company wiip. CAA addressed this in an internal memo, and it made it sound like there was a point or two that still need ironing out. And there is that countersuit that CAA and WME were waging against the WGA, which was pushed till next summer. It seems likely that litigation will go away once the remaining big agencies reach final agreement with WGA.
There is one change we have provided that we think the WGA will be able to agree to. With regard to our investment in the affiliated production company, wiip, we are providing for a commercially practical time to come into compliance with the 20% ownership limitation contained in the agreement. We are unequivocally committed to achieving compliance.
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Source: Variety - 🏆 108. / 63 Read more »
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