Wednesday, May 03, 2023
Morning Announcements
Betches
4.7 • 1.7K Ratings
🗓️ 3 May 2023
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Today is Wednesday, May 3rd, and you're listening to The Morning Announcements presented by |
| 0:06.9 | Betcha's Media. |
| 0:07.9 | On Mirro Sami's page, The Morning Announcements is your daily five-minute breakdown of the |
| 0:12.3 | headlines that isn't afraid to take a side and roast the most consequential reality |
| 0:16.8 | show there is. |
| 0:18.2 | Our Government. |
| 0:21.1 | The writer's Guild of America went on strike yesterday. |
| 0:24.4 | After a new labor agreement failed to be reached with the Alliance of Motion Picture and Television |
| 0:28.3 | producers, which bargains collectively on behalf of studios, networks, and streamers. |
| 0:34.1 | This means that all scripted television and film production, including late-night shows, |
| 0:38.2 | as well as development work on new scripts and pitches, has been halted until the party's |
| 0:42.7 | complete negotiations on a new contract. |
| 0:45.8 | So what are they looking for? |
| 0:47.6 | WGA members are seeking pay increases, as well as fundamental changes to the way writing |
| 0:52.4 | is compensated for streaming shows, which has made it difficult for many writers to earn |
| 0:56.9 | a livable annual wage. |
| 0:58.8 | In recent years, median writer producer pay has fallen by 4%, and that is actually 23% |
| 1:04.6 | when adjusted for inflation. |
| 1:06.8 | In addition to shorter seasons that are canceled on shorter notice than with broadcast |
| 1:10.8 | television, compensation in the former residuals from advertising revenue has largely disappeared |
| 1:16.4 | as more content is exclusively aired on streamers, where there is no advertising revenue. |
| 1:22.2 | The WGA is also seeking a provision that would regulate the use of material produced |
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