Nikki Finke, as always, has the full story at Deadline Hollywood Daily, but here’s the official release from the AMPTP…
LOS ANGELES, November 29, 2007 – “The AMPTP
today unveiled a New Economic Partnership to the WGA, which includes
groundbreaking moves in several areas of new media, including
streaming, content made for new media and programming delivered over
digital broadcast channels.
The entire value of the New Economic Partnership will
deliver more than $130 million in additional compensation above and
beyond the more than $1.3 billion writers already receive each year.
In response, the WGA has asked for time to study the proposals. While
we were prepared to continue discussions, we respect and understand the
WGA’s desire to review the proposals. We look forward resuming talks
on Tuesday, December 4.
We continue to believe that there is common ground to be
found between the two sides, and that our proposal for a New Economic
Partnership offers the best chance to find it.”