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The Residue Survival Guide provides authors with a basic knowledge of residual compensation – what it is, who receives it and when it is due. The new deal focuses on writers who get their fair share of the pie in the global video streaming industry. According to Bloomberg, streaming was valued at $43 billion in 2019 and is expected to reach $125 billion by 2025. Takeover agreement – An agreement signed by a company in which it assumes all of the contractual obligations of a signatory employer. A company that signs a takeover contract undertakes to assume the obligation to transfer the contributions to the trusts. «Scripting fees and minimum wage increases have been part of every WGA minimum basic agreement in history,» the committee wrote. «But today, more than ever, nothing can be taken for granted. Members need to understand why these proposals are essential. At least. «GROWING MINIMUM REQUIREMENTS FOR TEAMS: Paying two-person editorial teams the same minimum wage as a single writer first appeared in the MBA at a time when a team could work enough to make a comfortable living. But the proliferation of short-term series has made the job as a TV writing team financially unsustainable for many. We need to protect both screen and TV writers in teams by setting a higher team minimum.

Two or three people, even if they are part of a team, contribute more than just one writer. Distribution Agreement – A secondary agreement that allows a company to distribute a product. This company is responsible for paying pension and health contributions on the remuneration it has paid to the writer, up to the upper limit of how this happens. If you have any questions about the application of these minimum conditions or requirements, or about the categories of minimum requirements that are not included in this schedule, or if you are wondering how the basic agreement is working, contact the contract department or call (323) 782-4501. Article 14 E2 – A section of Article 14 that describes authors working under television development contracts with additional capacity. (scroll down to section E2) «For these reasons, we are aiming for general minimum increases, including weekly minimum increases for mini-rooms. We are also dealing with a number of treaty provisions that are outdated and do not meet minimum standards. To this end, we propose: In a memo of 1.

In July, to members of the Writers Guild, the organization`s Minimum Basic Agreement Committee announced that it had unanimously approved a preliminary agreement with the AMPTP. The committee said the total three-year package is estimated at more than $200 million. Contributions – A percentage of a writer`s remuneration paid directly to the WGA. .