WGA To End Strike

By T'Bonz
February 13, 2008 - 5:10 AM

The Writers Guild of American announced that its members voted yesterday to end their three-month-old strike.

As reported at CNN, after a vote in both Beverly Hills and New York, the members of the WGA have accepted a deal and will return to work tomorrow.

"At the end of the day, everybody won," said Leslie Moonves, chief executive officer of CBS Corp. "It was a fair deal and one that the companies can live with, and it recognizes the large contribution that writers have made to the industry." Moonves helped broker the deal after talks between the WGA and the Alliance of Motion Picture and Television Producers collapsed.

The most contentious issue was that of residuals for TV shows and movies distributed online. Under a tentative contract, the writers would get a maximum flat fee of approximately $1,200 for streamed programs in the deal's first two years and then two percent of a distributor's gross in the third year.

These advances now give us a foothold in the digital age," said Patric Verrone, president of the West Coast WGA. "Rather than being shut out of the future of content creation and delivery, writers will lead the way as television migrates to the Internet."

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