• Font Size    
E-mail

Close Window E-mail This Page

Directors Guild, Studios Reach Tentative Agreement

Required fields are marked with an asterisk(*)

The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications. Read more in our Privacy Policy

Send E-mail

   Print     Share +   
Jan 17, 2008 2:25 pm US/Pacific

Directors Guild, Studios Reach Tentative Agreement

Deal Places Pressure On Striking Writers

LOS ANGELES (AP) ― Hollywood directors have reached a tentative contract deal with studios after five days of negotiations.

Thursday's agreement puts pressure on striking writers to end their walkout that has lasted more than two months and idled work on dozens of television shows.

Gil Cates of the Directors Guild of America's negotiation committee describes the agreement as "groundbreaking and substantial."

He reports "there are no rollbacks of any kind."

Among other things, the agreement increases both wages and residuals for each year of the contract. It also establishes guild jurisdiction over programs produced for distribution on the Internet and sets a new residuals formula for paid Internet downloads that essentially doubles the rate currently paid by employers.

It also establishes residual rates for ad-supported streaming and use of clips on the Internet.

Payment for programs offered on the Internet are a key sticking point between the studios and striking writers.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

You need the latest Flash player to view video content.
Click here to download.

Click here to bypass this detection if you already have the latest Flash Player.

Los Angeles News

Top News Stories

© MMIX, CBS Broadcasting Inc. All Rights Reserved.