Hollywood producers take heated negotiations with writers union public, revealing latest offer

Hollywood producers are taking their latest declaration connection nationalist arsenic talks betwixt the studios and writers national stay heated.

The Alliance of Motion Pictures and Television Producers overnight publically revealed the latest proposal, which they delivered to the writers connected August 11. The connection addresses residuals and compensation, artificial quality and accrued transparency regarding the streaming concern — the apical issues for the writers.

Writers Guild of America national members person been striking for much than 100 days — with the actors' national besides going on strike successful July — halting Hollywood's accumulation of TV shows and movies during a infinitesimal erstwhile media companies are trying to marque their streaming strategies profitable and pushing consumers backmost into theaters.

The latest connection from the studios came days aft producers asked the writers for a gathering and includes the highest wage summation projected for the WGA successful 35 years, according to the AMPTP — "a compounded 13% summation implicit the three-year contract, with an summation of 5% successful twelvemonth one; 4% successful twelvemonth two; and 3.5% successful twelvemonth three."

The connection besides increases residuals, provides for a caller compensation structure, protections regarding the usage of AI, "data transparency" regarding streaming viewership data, and to bid writers to go showrunners.

"Our precedence is to extremity the onslaught truthful that valued members of the originative assemblage tin instrumentality to what they bash champion and to extremity the hardships that truthful galore radical and businesses that work the manufacture are experiencing," said AMPTP President Carol Lombardini successful a statement. "We person travel to the array with an connection that meets the precedence concerns the writers person expressed. We are profoundly committed to ending the onslaught and are hopeful that the WGA volition enactment toward the aforesaid resolution."

Still, the negotiations look acold from over: Soon aft the connection was made public, the writers national released its latest update and said the parties person engaged successful further discussions since the August 11 offer.

The discussions included a beryllium down with apical media honchos including Disney CEO Bob Iger, NBCUniversal movie caput Donna Langley, Netflix co-CEO Ted Sarandos, and Warner Bros. Discovery CEO David Zaslav.

The writers said that alternatively than bully religion talks, they were "met with a lecture astir however bully their azygous and lone counteroffer was." The national said the studios' latest connection inactive includes "limitations and loopholes and omissions" that neglect to support Hollywood writers.

"This wasn't a gathering to marque a deal. This was a gathering to get america to cave, which is why, not 20 minutes aft we near the meeting, the AMPTP released its summary of their proposals," the writers said successful a statement.

Representatives for the AMPTP didn't instantly respond to remark connected Wednesday.

Disclosure: Comcast owns NBCUniversal, the genitor institution of CNBC. NBCUniversal is simply a subordinate of the Alliance of Motion Picture and Television Producers.