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Hollywood writers and studios reach tentative deal, averting strike – media

Hollywood writers reached a tentative deal with representatives of movie and television studios on a new contract early on Tuesday (April 2), averting a strike that could have blacked out talk shows and soap operas, media reported.

The sides drew up an agreement including provisions for shorter television seasons – an issue since the advent of streaming services – and a 15-percent increase in pay television residuals, Variety.com reported.

The 9,000-member Writers Guild of America had said it was prepared to call for a stoppage and for picketing of the big TV and movie studios as early as Tuesday if no deal was reached by midnight on Monday.

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The focus of the talks has been the revolution in the television industry since the arrival of streaming services including Netflix and Amazon, and a resulting sharp decline in the typical number of episodes in a season of scripted comedy or drama, to around 10 from 22.

The Guild says its members, who are paid per episode, have suffered an average 23-percent drop in earnings in the past three years.

The last WGA strike in 2007/8 went on for 100 days. TV networks broadcast re-runs and more reality shows, while the cost to the California economy was estimated at $2.1 billion, according to the Milken Institute.

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