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After almost 5 months of striking, Hollywood writers can return to their jobs. Writers Guild of America (WGA) leadership approved a contract agreement with studios on September 26. After members voted to approve the deal, they announced the strike would be over effective 12:01 am PDT on September 27. While the writers still have to vote to ratify the contract in October, this approval will allow them to work in the interim. According to the tentative deal, writers have won a 12.5% pay increase over 3 years. Most minimums will increase by 5% once the contract is ratified, and then again by 4% in 2024 and 3.5% in 2025. Additionally, writers earned an increase in relation to foreign streaming residual payments, which will be based on a streaming service’s number of foreign subscribers. According to the deal, this amounts to ‘a 76% increase to the foreign residual for the services with the largest global subscriber bases over 3 years.’ Studios have agreed to share streaming viewership data—information they‘ve mostly kept concealed—with the WGA, with the understanding that it will be kept confidential and not shared with the public. The studios and the WGA have also established regulations for the use of AI in covered productions. Under the agreement, AI ‘can’t write or rewrite literary material, and AI-generated material will not be considered source material.’ This doesn’t bar writers from choosing to use AI to assist with projects, but ‘the company can’t require the writer to use AI software.’ These are just some of the key points from the agreement. Other wins include increased health and pension contributions, improved terms for screenwriter employment, and increased staffing and duration provisions for series. #wga #wgastrike #hollywood #entertainmentnews