The Alliance of Motion Pictures and Television Producers (AMPTP) has turned over a proposal to the Writers Guild of America (WGA) for its members to consider that could, if accepted, bring an end to the strike, now closing in on its 1st full month.
The new deal from most of the big studios and networks is said to be offering the writers a bigger chunk of the revenues garnered from digital media.
Revenue from the internet and other newer media resources has been the main sticking point from the start of the talks which began almost a year ago. Members of the AMPTP had been holding writers to an old 20+ year stipulation that only offered the creators of content 4-cents for every thing sold in the digital world. The writers were seeking to at least double that compensation. There is no official word if this new proposal gives the writers all that they were asking for in this area, but a press statement to the Reuters New Service did state that, “The entire value of the New Economic Partnership will deliver more than $130 million in additional compensation above and beyond the more than $1.3 billion writers already receive each year.”
A spokesperson for the WGA said a statement of its own will be issued later tonight or early in the morning, after they have had a chance to fully look over the proposal and brief their membership.
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