Overview
- The Writers Guild of America reached a tentative agreement with the studios’ bargaining group, the AMPTP, on a four-year contract.
- The agreement comes nearly a month before the current contract’s May 1 expiration, reducing the risk of a work stoppage.
- The pact is expected to inject multi-million dollar funding into the guild’s health plan, which has lost about $200 million in four years.
- Reported terms add protections around artificial intelligence and raise streaming fees and residuals.
- The agreement still requires WGA board approval followed by a member ratification vote before it can take effect, and talks wrapped as WGA West staff remained on strike for more than six weeks over labor complaints.