From KCRW in Santa Monica, I'm Claude Browdessa Ackner, and this is The Business.

So you still want to do the show business, and you think that you got what it takes,

I mean you really got a rap and be all at,

prepare yourself for the brakes, check it out.

This week on the business, Steve Samuels is a third-generation real estate developer.

He's also one of many outsiders who brought their fat wallet to Hollywood.

Will a big fish in Boston real estate get scrod in Hollywood?

But first, striking news.

Go nowhere, it's the business from NPR.

Music are. By now, you've heard the directors have made a preliminary deal with producers. They'll get

wage and residual increases, and more to the point for the writers who are still on strike.

They'd also get new jurisdiction over programs produced for online distribution.

Directors will essentially make double what they're currently getting for paid downloads

and new residuals for ad-supported streaming media.

Producers would be allowed to use material

deemed, quote-unquote, promotional, free for a specified period of time. The kicker, both sides

agree that the deal, if approved, does not set a precedent, so expect some serious renegotiation

once the real money from digital starts pouring in. Like when I'm 60.

Assuming that DGA's rank and file approved the deal, the digital provisions are groundbreaking

and higher than what was offered last to the writers. But they're not as high as what the writers

have been holding out for. So, what will the writers do? At the time of the taping of this show,

all we know is what was said on their first pro forma press release. Quote, the terms of the deal

...