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WGA claims that strike costs could “far exceed” proposed pay increases

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Source: Jeremy Kay / Screendaily

Writers Guild Of America

As the US writers strike enters its third week, the Writers Guild of America (WGA) has released estimates suggesting that its proposals for a new contract would cost the US industry $429m a year, an amount that is “modest compared to industry revenues and profits.”

In a message to Guild members, the WGA negotiating committee said studios and streamers “have made billions in profit off writers’ work, and they tell their investors every quarter about the importance of scripted content. The WGA negotiating committee said in a message to Guild members that studios and streamers “have made billions of dollars off writers’ work, and they tell their investors every quarter about the importance of scripted content.” According to the Guild, the eight companies will have to pay an additional $343m to writers. According to the Guild, Disney’s annual cost would be $75m, or 0.091% of its revenues. Netflix would be required to pay an additional $68m or 0.214% of its revenues. Warner Bros Discovery will have to pay an additional $47m or 0.108% of revenue. The National Academy of Television Arts & Sciences has postponed the Daytime Emmys Ceremony scheduled for June 16, due to the strike. (This organisation operates independently of the Academy of Television Arts & Sciences whose Primetime Emmys Ceremony is currently set for the 18th of September.) The strike forced the American Film Institute to postpone its Nicole Kidman tribute on June 10, last week.

Meanwhile, television series that have already been affected by the strike, according to reports, include:

Yellowjackets

, where work in the third season writers room has been halted; Netflix’s

Stranger Things

, where production on the fifth season has been delayed; and

A Knight of the Seven Kingdoms: The Hedge Knight

, HBO’s Game of Thrones prequel, which has closed its writers room.

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