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Current DateTime: 05:16:52 09 Feb 2012
LinksList Documentid: 23279714
Expiration DateTime: 2/9/2012 5:18:14 PM

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Current DateTime: 05:16:52 09 Feb 2012
LinksList Documentid: 31765984
Expiration DateTime: 2/9/2012 5:18:04 PM
    • Big Media Names Report Earnings 

        Sirius, Linkedin and Activision will report earnings. So are the stocks hot or not? CNBC's Julia Boorstin & John Carney weigh in.

    • Cisco & News Corp Report Earnings 

        CNBC's Jon Fortt; Shaw Wu, Sterne Agee; and Mark Sue, RBC Capital Markets, discuss Cisco's latest earnings. Also, the update on News Corp's earnings, with CNBC's Julia Boorstin.

    • News Corp Earnings Review 

        Rupert Murdoch just made some big progress in its hacking scandal, which will minimize the embarassing details shared in court, reports CNBC's Julia Boorstin.

    • The Trade on Sprint & Disney Update 

        The Fast Money crew with the trade on Sprint, ahead of its Q4 earnings. Also, CNBC's Julia Boorstin has an update from Disney's conference call, as well as the outlook for ad revenues.

    • Disney Conference Call Update 

        CNBC's Julia Boorstin has the latest details from Disney's conference call, reporting attendance is up at the theme parks, and the company will launch a new broadcast channel in Japan next month.

    • Disney's Iger on Q1 Results 

        Robert Iger, Walt Disney president & CEO, explains how the current quarter is trending in ad sales and parks bookings, with CNBC's Julia Boorstin and Maria Bartiromo.

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Current DateTime: 05:16:52 09 Feb 2012
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Current DateTime: 05:16:53 09 Feb 2012
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Writers Guild Strike Looms

Published: Monday, 21 May 2007 | 12:56 PM ET
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By: Julia Boorstin
Correspondent

AP
The Writers Guild of America

The Writers Guild of America warned the movie studios and TV networks that they're going to persist with demands for a bigger cut of new-media revenues.

The WGA put out its 25-item "pattern of demands," which emphasize that writers must be compensated appropriately when their work is played on digital platforms like the internet or cell phones. That includes work created specifically for those new platforms, or content created for traditional media and repurposed for the new media world.

What's up for grabs are "residuals," payments that writers get when a movie they wrote is re-aired on TV, or when a TV show goes into syndication. The WGA's opposition, the Alliance of Motion Picture and Television Producers, said that the WGA's 25-item "pattern of demands" was unrealistic, and says that the companies will push to revamp the entire residual structure, so writers only get paid residuals when shows become profitable.

Other issues likely to cause conflict: the WGA wants jurisdiction not just over traditional scripted programming, but also over reality shows, animation and game shows, plus increased initial pay in all areas. That's not all; they're also asking for increased caps on company pension and health contributions.

The pact expires October 31 -- and if there's no agreement, a strike could start at the beginning of November. This was a big topic of conversation at the upfronts, where a number of network representatives and show producers told me they're working ahead as much as possible, trying to get plenty of extra scripts and show in the can, so they'll be relatively "strike-proof." That, of course, depends on how long the strike goes.

Writers and industry execs are telling me that a strike is bad for everyone -- money is lost all around. But that doesn't mean that it's not going to happen.

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