Will Forte Says Writers’ Residuals Slashed by Streaming, Repair That First
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TMZ.com
Will Forte says Hollywood writers is likely to be on the picket line longer than anticipated if they can not get the sort of cash they used to … which has modified rather a lot resulting from expertise.
The ‘SNL’ alum was exhibiting help Wednesday with protesters exterior of Sony’s HQ in Culver Metropolis — and he chopped it up with us about one of many key sticking factors within the WGA’s negotiations with studio execs … specifically, a pointy lower in residuals earned in TV.
As Will explains, writers used to get additional money each time their work aired — that is on prime of their going price to do the job. Nonetheless, within the period of streaming-first programming, these residuals have principally gone down the drain.
Not simply that, however Will says there are fewer episodes per season being made today. Whereas a daily season on cable or a community again within the day used to run 20+ episodes — streaming reveals now are a lot shorter, clocking in at about 10 episodes a season or much less.
Backside line … writers have gotten screwed on getting paid on a number of fronts — which is among the massive the reason why this strike is occurring … amongst different elements, like AI, staffing, and so on.
Contemplating the media panorama has modified drastically prior to now 10-15 years … Will predicts this deadlock will final for a short time. There are some main corrections writers are demanding in any new settlement — and the studios are gonna want to satisfy them midway.
The query … how lengthy will this go on? Content material is getting cranked out at a approach quicker tempo than the final strike, so studios presumably have stuff within the vault and might maintain some time.
Time will inform.
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