The new agreement is retroactive to May 2. The previous contract ended on May 1, but negotiations were delayed due to the onset of coronavirus and the deadline was extended until June 30. In a July 1 memo to members of the Writers Guild, the organization`s Minimum Agreements Committee said it had unanimously approved a preliminary agreement with the AMPTP. The committee said the total package is estimated at more than $200 million over three years. The Basic Minimum Agreement (MBA) was renegotiated in 2017. This summary provides a simplified overview of the changes to the new agreement. The new agreement also provides for the abolition of the training of writers and new handovers of authors that under-rate screen and television minimums for newcomers, which have a disproportionate impact on under-represented groups; A new paid parental leave fund As well as increases in pension funds. The new agreement emphasizes that authors receive their fair share of the pie in the global video streaming industry. According to Bloomberg, streaming was estimated at $43 billion in 2019 and is expected to reach $125 billion by 2025.
The minimum plan lists minimum rates of pay for writers covered by the Minimum Fundamental Agreement (MBA). Check the minimums for authors covered by the 2020 MBAs. The MBA is the collective agreement that covers most of the work of WGA authors. If you have any questions about the application or interpretation of the provisions, contact the Guild Contracts Department or call (323) 782-4501. To see the current WGA minimum calendar, you can download them on the WGA website. If you want to purchase a printed copy of the MBA or previous agreements or schedules, email Operations. The agreement provides for higher payments for subscription video streaming services, known as SVOD, as well as reduced budget breaks in streaming and backtracking. Here are other free-lance contracts and agreements, z.B. the Low Budget Agreement, the New Media Sideletter and the Collaboration Agreements. In June, the Screen Actors Guild American Federation of Television and Radio Artists, the entertainment industry`s largest union with 160,000 members, announced a preliminary agreement with a total package of $318 million over three years.
It included improved streaming and syndication residues, as well as new policies on sexual harassment, nudity and sex scenes. Improved “Span” scheme for authors` producers for 2017: “This provision, first negotiated in 2017, protects writers paid per episode from reducing their guild compensation to the minimum by guaranteeing additional compensation for additional weeks for certain authors earning less than $350,000 per year.” The agreement expands the number of authors covered by margin protection measures negotiated for the first time in 2017.