CoolTrainerTerry
DIS Veteran
- Joined
- Nov 25, 2005
- Messages
- 692
News Corp President Peter Chernin and Disney CEO Robert Iger were being credited for hammering out a new three-year tentative contract with the Writers Guild of America that will likely bring their 14-week-old strike to an end on Tuesday. Referring to negotiators for the Alliance of Motion Picture and Television Producers, WGA executive director David Young told the Los Angeles Times, "We spent six months in a room with people who did not want to negotiate with us. ... All of this that we have here today was negotiated over the last two or three weeks with two CEOs who were willing to negotiate." Most analysts agreed that the key to the agreement was a concession on the part of the studio negotiators to give writers a percentage of distributors' revenues for videos streamed over the Internet in the third year of the contract. (During the first two years they'll receive a one-time-only payment of $1,200.) However, some observers have noted that in an era of swiftly changing technology, three years is a lifetime; for example, storage devices capable of recording thousands of television shows may be so inexpensive by then that it will no longer be necessary to distribute programs over the Internet. Instead, all of a viewer's favorite programs -- and then some -- will likely be automatically recorded for later on-demand viewing.
--from IMDb.com
--from IMDb.com
