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Ben Preiss
Hollywood Writers Strike - Bad News for Networks and Viewers (VIDEO)
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Leno and Letterman might be running out of jokes soon as Hollywood’s Writers have begun striking. “A strike will happen at everyone’s peril,” Jeff Zucker, the chief of NBC Universal said last week. If the strike carries on long, we will be seeing a lot of reruns and reality programming coming our way and networks run the risk of loosing audiences and revenue for the season.  Yet after three-plus months of acrimonious negotiations, the Writers Guild of America and the Alliance of Motion Picture & Television Producers remained far apart at the bargaining table when their contract expired at midnight on Oct. 31, and a strike began on Monday at 12:01 a.m.
At issue in the talks: how writers should be compensated when their work appears on new media platforms like the Web. The guild, which represents about 12,000 writers, wants residual compensation, while the studios and networks argue that the online arena is still too new to establish any kind of payment formula.
(forbes)Source: nydailynews Via: forbes |
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