Image: Matthew Simmons/WireImage
Whenever you watch a rerun of the classic Jim and Pam finally kiss “Casino Night” episode of The Office on TV, the episode’s writer, director, and actors all make a little money from residuals. But if you watch that same episode on Peacock, they don’t.
And for the roughly 10,000-member Writers Guild of America (WGA), that's a big problem. Though it’ll soon have a chance to rectify this – the writer’s union announced earlier this week that negotiations will begin with the Alliance of Motion Picture & Television Producers, which represents studios such as Disney, Apple, and Netflix, on March 20.
If a deal isn’t struck before the existing contract expires on May 1, the writers may strike. Which could cause the production of most TV series to halt completely.
🤔 What does the WGA want?... To put it bluntly, a bigger piece of the pie. Total earnings for WGA-West writers have dropped by more than 12% from 2019 totals, per the WGA’s 2021 annual report – while, for example, Netflix’s revenue increased by over $9 billion over the same period.
The reason for this, according to the WGA, is outdated agreements that fail to capture a content landscape dominated by streamers like Netflix and Apple. A couple examples:
🚫✍️ Bottom line: The WGA is no stranger to strikes. In 2007, all union writers walked off the job for 100 days – during which production on most TV series had to stop because they had no new scripts to shoot.
👥 Have you heard of Janky and Guggimon? The duo, with 20+M followers on Insta and TikTok, are fake celebrities created by design studio Superplastic – which, along with Amazon, just made some very real news.
🦸‍♀️ Phase 5 of the Marvel Cinematic Universe begins today with the release of Ant-Man and the Wasp: Quantumania, officially kicking off the next part of Marvel’s ongoing “multiverse saga.”
✌️🎞 Earlier this week, Netflix announced that all five seasons of Arrested Development will be leaving the platform on March 15. And it’s not the only streamer saying “bye brother” to content.
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