Media Money
Media Money Video Gallery
Sirius, Linkedin and Activision will report earnings. So are the stocks hot or not? CNBC's Julia Boorstin & John Carney ...
CNBC's Jon Fortt; Shaw Wu, Sterne Agee; and Mark Sue, RBC Capital Markets, discuss Cisco's latest earnings. Also, the u...
- LinkedIn Earnings Bode Well for Hiring and Social Media
- News Corp. Beats Estimates on Studio, Cable Strength
- Disney’s Earnings Beat; CEO Bob Iger Talks Piracy, Parks
- Ahead of Disney’s Earnings: Ads and Cable Revenue at the Magic Kingdom
- Coinstar Beats Earnings Forecast on Redbox Growth
- After The Super Bowl: Who’s Buying?
- Super Bowl XLVI: It's All About the Second Screen
- The Super Bowl's Big Advertising Winners: Super Sunday Ad Tracker
- A Sneak Peek at Facebook's New Headquarters
- Twitter’s CEO Weighs in on Google, Censorship Ahead of Facebook IPO
RSS FEED
» Help
MOST SHARED
- Stocks Looking Past Europe for a New Driver
- Canaccord, China's Eximbank Plan $1 Billion Resource Fund
- Jobs You Can Do Forever
- DBS Fourth-Quarter Profit Rises 8%; Tops Forecast
- Chart Patterns Suggest Pullback at Hand
- Australia's Newcrest First-Half Underlying Profit Up 17%
- Steelers' Antonio Brown Spends Super Bowl Week with Twitter Fan Turned BFF
- Mulling Buffett's Stock Advice? Get in With REITs: Fund Managers
- UPDATE: Massive Trend Just Getting Underway in Financial Services: Finerman
- LinkedIn Earnings Bode Well for Hiring and Social Media
- Mulling Buffett's Stock Advice? Get in With REITs: Fund Managers
- LinkedIn Earnings Bode Well for Hiring and Social Media
- Top Five Mistakes to Avoid in Online Dating
- Victor Cruz ‘Understands’ Gisele's Super Bowl Frustrations
- Tamminen: The United States of India
- Unusual Volume: Taleo Jumps After Oracle's $1.9 Billion Offer
- Warren Buffett: Stocks Will Outperform Gold and Bonds .. and They're Safer 'By Far'
- So Now You Can’t Give Microsoft Away?
- Robo-Deal Is All About Lowering Mortgage Principal
- The Secret Lives of Traders—Seeking the Next Hot Thing
- Markets Finally Get Greek Deal —So Where's the Rally?
- Warren Buffett: Stocks Will Outperform Gold and Bonds
- Greece Deal Fails to Convince, EU Demands More
- 'Mortgage Deal from Hell' Hurts Sound Borrowers: Bove
- Clint Eastwood: Super Bowl Ad Endorses No One
- Zynga, Hasbro Partner to Make Toys, Games
- Home Builder Optimism Up, Industry Expert Says
- A Wealthy Backer Likes the Odds on Santorum
Writers Guild Strike Looms
By: Julia Boorstin
Correspondent
Correspondent
![]() |
AP The Writers Guild of America |
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.
Questions? Comments?
© 2012 CNBC, Inc. All Rights Reserved










