AgenciesThe deal that has been reached after many negotiations and parlays, includes streaming residual, AI protection, a hike in wages, and other favorable service conditions. It has warned its 19,000 members about the difficulties and problems in negotiating with the streamers and studios, who were equally suspicious of the result. A breakthrough in the talks was to set up a streaming residual reflecting the growth of streamers worldwide. The Writers Guild is currently on strike. Directors Guild of America and the studios and streamers of Hollywood have come up with a three-year labor contract.

Source: Economic Times June 04, 2023 16:57 UTC