Hollywood Writers Unveil Exciting New Contract Agreement with Studios

Writers Guild of America East members walk a picket line at the Paramount+ Summit outside the Paramount Building in Times Square in New York City on May 17, 2023

Alexi Rosenfeld | Getty Images Entertainment | Getty Images

The Writers Guild of America has officially ratified its new three-year contract with Hollywood studios.

Announced on Monday, the guild reported an overwhelming 99% approval rate, with 8,435 votes in favor and only 90 against. The agreement covers the period from September 25 to May 1, 2026.

“Through unity and determination, we have successfully ratified a contract that brings significant benefits and safeguards for writers across our entire membership,” stated Meredith Stiehm, president of the Writers Guild of America West.

The WGA has secured salary increments for the next three years, as well as regulations on the use of artificial intelligence and a new residual system for streaming services based on viewership. The guild also negotiated higher contribution rates towards health benefits and pensions, along with a guaranteed minimum number of writers in television show writers’ rooms.

Following the resolution of the strike, the first shows to resume production were late-night talk show hosts Jimmy Fallon, Jimmy Kimmel, Seth Meyers, and Stephen Colbert, followed by John Oliver of “Last Week Tonight.”

Now, it is the turn of the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) to negotiate. Last week, the actors guild began talks with major studios including Disney, Paramount, Netflix, Universal, and Warner Bros. Discovery.

“Until the studios reach an agreement that satisfies performers’ needs, WGA members will stand in solidarity with SAG-AFTRA on the picket lines,” said Lisa Takeuchi Cullen, president of the Writers Guild of America East.

SAG-AFTRA aims to improve wages, working conditions, and health and pension benefits. They also seek to establish guidelines for the use of AI in future film and television productions, as well as transparency from streaming services regarding viewership data for fair residual payments. The guild also plans to standardize the self-tape audition process.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC. NBCUniversal is part of the AMPTP.

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