Kudos to the watchful readers who caught my error in yesterday’s blog posting.  The writers are fighting to double their DVD residual rate, but they are not trying to raise their rate from 20% to 80%.  They currently get paid 0.3%… and want to get paid 0.6%.  This means screenwriters  get paid about 4 cents for every DVD sale of a movie they wrote… and they want to get paid 8 cents.  The studios are refusing. 

In the latest development, however… the Writers Guild has now said it’s willing to remove its DVD residuals increase altogether in exchange for residuals in digital media (downloads, streams, etc.).  But the studios are not budging, refusing to give up a single cent of digital media revenue.

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Industry Updates, The Writers Strike 2007

About Ben Sobieck

Benjamin Sobieck is a Wattpad Star and 2016 Watty Award winner. He’s best known on Wattpad for Glass Eye: Confessions of a Fake Psychic Detective, the Watty Award–winning sequel Black Eye, and When the Black-Eyed Children Knock & Other Stories. Four of his titles have appeared on Wattpad Top 100 Hot Lists, all at the same time.

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