Hollywood Loses Billions to Writer’s Strike – Possible End in Sight

According to an article from CBS News yesterday, there is some optimism surrounding the writer’s strike. The Writer’s Guild and studios have resumed talks, and many are hopeful the strike will end before the Oscars roll around. If not, the industry could be facing a possible “nightmare scenario,” according to entertainment attorney Jonathan Handel, as the actor’s contract is expiring soon, and no one wants to think about the additional billions of dollars that could be lost if they strike as well.

A compromise has been reached on some issues: the writers are no longer demanding jurisdiction over reality shows and animation, and the studios have agreed to double the fees when movies or television shows are bought online, a positive sign for the writers in settling the main issue over how much they should make when their work is downloaded from the Internet.

I’ll admit I haven’t really followed this story closely throughout its lengthy process, so I don’t have a strong opinion. I’m curious to know what others think about this issue. Are the studios undervaluing their writers? Are the writers demanding too much? What, in your opinion, would be a reasonable compromise? How do you think it will affect television in the long term?

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Steven

My life has been pretty simple. I grew up in Alabama and graduated from the University of Alabama with a Bachelor's in Advertising. I have spent about the last ten years in web development. In 1998, a friend of mine and I started a web design company we ran for three or four years before deciding to close it due to the demands of school. Since then, I stayed in the web working with various companies in Alabama. I worked for a brief period with Southern Progress, namely with Southern Living magazine and Health magazine, in their web departments. While there, I also wrote for Southern Living magazine, Health.com., and the company's internal newsletter. I write as much as I can. For the last five years, I have been working on my first novel. I am on the third revision now and hope to be finished with this draft by the end of the year. I also write short fiction, though not as frequently as I used to due to the time I spend on the novel. My goal is to have my novel published in the next three years. Other interests include: History (particularly medieval and ancient civlizations), Reading, Foreign Language (I currently speak Spanish but plan to learn as many as I can), Landscape Photography, the outdoors, sports (especially college football), and Travel.

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