Hollywood Studios Make Concessions to Striking Writers in Latest Offer, Including AI Credits and Data Sharing
Hollywood studios have made a new offer to striking screenwriters in hopes of resolving the ongoing strike. Talks between the Writers Guild of America (WGA) and major studios had reached an impasse over compensation and other issues, leading to the strike that began on May 2. However, recent negotiations have resulted in a revised offer that includes significant concessions from the studios, including provisions related to the use of artificial intelligence (AI) and access to viewer data.
According to Bloomberg News, which cited sources familiar with the discussions, the Alliance of Motion Picture & Television Producers (AMPTP) has agreed to guarantee that humans will be credited as writers of screenplays instead of being replaced entirely by AI. This move aims to address concerns among writers about their role and recognition in the face of rising AI technologies.
In addition to AI credits, the studios have also offered to share data on the number of hours viewed on streaming services. This move is significant, as streaming platforms have become increasingly dominant in the entertainment industry, and access to data can provide valuable insights to writers. By understanding viewership trends, writers can tailor their work to better engage audiences and create content that resonates.
The improved offer also includes a substantial increase in residual payments to writers. Bloomberg reports that the proposed increase is better than 20%, specifically for when shows appear on networks other than the one they were created for. This adjustment recognizes the changing landscape of television and the significant role that streaming platforms play in distributing content.
The recent developments in negotiations can be attributed, in part, to the involvement of influential industry figures. Netflix Co-Chief Executive Officer, Ted Sarandos, has emerged as a strong proponent of reaching a deal with the writers. The report also highlights the participation of Walt Disney Co CEO, Bob Iger, who has joined Sarandos in seeking a resolution to the strike. The collaboration and support from prominent executives indicate a willingness to find common ground and end the months-long dispute.
On Friday, the union representing the striking Hollywood writers confirmed that it had received a counterproposal from the studios. The union stated that it would carefully review the offer, marking a potential sign of progress after more than 100 days of strike action.
The strike has revolved around various key issues, including compensation, minimum staffing of writers’ rooms, and residual payments in the streaming era. The discussions between the WGA and the major studios have been extensive, but both sides are yet to reach a final agreement.
As of now, neither the Alliance of Motion Picture & Television Producers nor the Writers Guild of America has responded to requests for comment on the recent developments. The outcome of the negotiations remains uncertain, but the revised offer and the continued dialogue between the parties hint at a potential resolution to the strike that has affected the entertainment industry for several months.
In conclusion, Hollywood studios have presented a revised offer to striking writers, showcasing their willingness to address key concerns raised during the ongoing strike. The inclusion of AI credits, data sharing on viewership numbers, and improved residual payments highlights a desire to find common ground and bring an end to the labor dispute. The involvement of influential industry figures further emphasizes the importance of reaching a mutually beneficial agreement. While the strike has continued for over 100 days, the recently received counterproposal provides hope for progress in resolving the issues at hand. Both the studios and the writers’ union will carefully review the offer as negotiations continue.
