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☆ Tony Award Winners 2023: Updating List
▼ + stars: | 2023-06-11 | by ( Rachel Sherman | ) www.nytimes.com time to read: +1 min

Follow the latest live updates and photos from the Tony Awards. The 76th Tony Awards are taking place tonight at the United Palace in Manhattan’s Washington Heights neighborhood. The awards ceremony, which honors plays and musicals that opened on Broadway between April 29, 2022, and April 27, 2023, will be broadcast live at 8 p.m. Eastern on CBS and streamed on Paramount+. This year’s awards ceremony, which was nearly called off amid the Writers Guild of America strike, will be presented without a script in an agreement reached with the union. Ariana DeBose, who was nominated for a Tony in 2018, will host the ceremony for the second year in a row.

Persons: Tony, Julianne Hough, Skylar Astin, ’, Ariana DeBose, ”, ” “ Kimberly Akimbo Organizations: Broadway, CBS, Paramount, Writers Guild of America Locations: Manhattan’s Washington Heights, ” “ New York , New York

☆ Netflix investors voted 3-to-1 against hefty pay packages for top execs including co-CEOs Greg Peters and Ted Sarandos
▼ + stars: | 2023-06-09 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +3 min

Netflix shareholders on June 1 voted against pay packages for top execs totaling up to $109 million. The WGA had urged Netflix investors to reject the pay packages amid the Hollywood writers' strike. Netflix shareholders voted on June 1 by a nearly three-to-one margin against rich 2023 pay packages for the company's top executives, according to a recent company filing. Amid the ongoing Hollywood writers' strike, the Writers Guild of America had called on Netflix investors to reject this year's executive pay raises. The prelim ary results of the advisory vote were in favor of the executive pay plan, the company announced the day of the meeting.

Persons: Ted Sarandos, Greg Peters, Reed Hastings, Meredith Stiehm, Peters Organizations: Netflix, WGA, Hollywood, Morning, Writers Guild of America, Hastings, Comcast

☆ Stephen Colbert gave ousted CNN chief Chris Licht a hilarious on-air tribute a year before CNN fired him
▼ + stars: | 2023-06-08 | by ( Edith Honan | ) www.businessinsider.com time to read: +4 min

Before Chris Licht became CEO of CNN, he was the showrunner for "The Late Show with Stephen Colbert" on CBS. Licht lost his job this week after a disastrous profile in The Atlantic made him seem clueless and aloof. It was just over a year ago that Licht was treated to a hilarious and heartfelt goodbye from "The Late Show with Stephen Colbert." Stephen Colbert and Chris Licht during the February 28, 2022 show. Colbert and Licht then embrace to the music from Bette Midler's "Wind Beneath my Wings."

Persons: Chris Licht, Stephen Colbert, Licht, —, Colbert, nudging, Jimmy Fallon's, Joe, David Zaslav, Jeff Zucker's, Colbert's sendoff, Scott Kowalchyk, Shriekin, Bette Midler's, Tim Alberta, Colbert hasn't Organizations: CNN, CBS, Service, Warner Bros, Getty, Writers Guild of America, New York Times Magazine

☆ Hollywood actors, studios agree to media blackout for labor talks
▼ + stars: | 2023-06-07 | by ( ) www.reuters.com time to read: +1 min

The actors' union is seeking pay increases and protections around the use of artificial intelligence in negotiations with the Alliance of Motion Picture and Television Producers (AMPTP), which represents Walt Disney Co (DIS.N), Netflix Inc (NFLX.O), Comcast Corp (CMCSA.O) and other companies. The actors' negotiations are taking place as the Writers Guild of America (WGA) remains on strike. The work stoppage, which began May 2, has shut down late-night talk shows and halted production of shows such as a new season of "Stranger Things." SAG-AFTRA members have authorized a strike if their talks fail to yield an agreement by June 30. Reporting by Lisa Richwine; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Persons: Marg Helgenberger, Lisa Richwine, Lisa Shumaker Organizations: CBS, Screen Actors, Writers Guild of America, Universal Studios, Hollywood, Alliance, Television Producers, Walt Disney Co, Netflix Inc, Comcast Corp, SAG, Thomson Locations: Los Angeles , California, ANGELES

People picket outside of FOX Studios on the first day of the Hollywood writers strike on May 2, 2023 in Los Angeles. Hollywood is gearing up for another labor fight, and once again worries about artificial intelligence are front and center. Hollywood's talent wants to create guardrails for the use of artificial intelligence in future television and film productions. "Our members are human beings, not puppets, and it is a violation to use AI technology to make them do or say something without their informed consent." Actors have varying comfort levels with how AI is used, which is why SAG-AFTRA is looking to advocate for informed consent when it sits down with the AMPTP.

Persons: Bill Murray, Scarlett Johansson, Tilda Swinton, Timothee Chalamet, Wes Anderson, Duncan Crabtree, AFTRA, Crabtree, James Earl Jones, Jones, Darth Vader, Obi, Wan Kenobi, Anderson Organizations: FOX Studios, Hollywood, Alliance, Television Producers, Screen Actors Guild, American Federation of Television, Radio Artists, Star Wars, SAG, CNBC, of America, Writers Guild of America, Disney Locations: Los Angeles . Hollywood, Ireland

☆ Directors Guild's deal with Hollywood doesn't necessarily foreshadow end to writers strike
▼ + stars: | 2023-06-05 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Writers picket in front of Netflix on Sunset Boulevard in Hollywood, California, as the Writers Guild of America goes on strike, May 2, 2023. Hollywood producers have struck a tentative deal with film and TV directors, but that doesn't mean we should expect sudden resolutions to the writers strike or talks with the actors union. Meanwhile, the Writers Guild of America is entering the second month of its strike. During the last writers strike in 2007 and 2008, which lasted 100 days, a studio deal with the DGA prompted writers to head back to the bargaining table. "The AMPTP will not be able to negotiate a deal for writers with anyone but us."

Persons: AFTRA, Chris Keyser, Keyser Organizations: Netflix, Writers Guild of America, Hollywood, Guild of America, Alliance, Television Producers, DGA, Screen Actors Guild, American Federation of Television, Radio, WGA, Warner Bros, Disney, National Board, SAG, YouTube Locations: Hollywood , California

☆ Actors Authorize Potential Strike With Hollywood Writers Still Picketing
▼ + stars: | 2023-06-05 | by ( Nicole Sperling | ) www.nytimes.com time to read: +1 min

According to the writers, the studios offered little more than “annual meetings to discuss” artificial intelligence, and they refused to bargain over limits on the technology. Background: It has been a long time since the last actors’ strike. The last time the actors went on strike was in 2000, in a dispute over commercial pay. What’s Next: Negotiations begin on Wednesday. With negotiations expected to begin on Wednesday, SAG-AFTRA is bullish about what this strike authorization means.

Persons: ’, We’re, ”, Duncan Crabtree, “, we’re Organizations: Writers Guild of America, Alliance, Television Producers, SAG Locations: Ireland

☆ Actors union vote to authorize July strike, possibly joining writers
▼ + stars: | 2023-06-05 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

If the actors do walk out, they would join members of the Writers Guild of America already on picket lines. The DGA tentative deal “doesn’t hurt the leverage or the pursuit of better working conditions for the writers and possibly the actors. : An Industry at War in the Internet Age.” He puts the chance of an actors’ strike at about two to one. Some television shows, particularly late night shows that are written daily in order to be timely, have had their production halted by the writers’ strike. Some shows and films that have had scripts already completed have continued to film since the writers went on strike.

Persons: isn’t, Radio Artists “, ”, Fran Drescher, “ I’m, AFTRA, Duncan Crabtree, “, Tom Nunan, doesn’t, Jonathan Handel, Nunan Organizations: New, New York CNN, Screen, — American Federation of Television, Radio Artists, Writers Guild of America, WGA, Alliance, Television Producers, Companies, Amazon, Apple, CBS, Disney, NBC Universal, Netflix, Paramount Global, Sony, Warner Bros ., Guild of America, DGA, SAG, UCLA School of Theater, Film, Television Locations: New York

☆ Hollywood Directors Reach Deal With Studios as Writers’ Strike Continues
▼ + stars: | 2023-06-04 | by ( John Koblin | ) www.nytimes.com time to read: +1 min

The entertainment industry will be looking closely at what the directors’ deal — and the actors’ negotiations — will mean for the Writers Guild of America, the union that represents the writers. More than 11,000 writers went on strike in early May, bringing many Hollywood productions to a halt. Over the last month, the writers have enjoyed a wave of solidarity from other unions that W.G.A. Whether a directors’ deal — or a possible actors’ deal later this month — undercuts that solidarity is now an open question. “Our position is clear: To resolve the strike, the companies will have to negotiate with the W.G.A.

Persons: —, ’, “, It’s gaslighting Organizations: Writers Guild of America

During the last WGA strike in 2007 and 2008, a studio deal with the DGA prompted writers to head back to the bargaining table. If approved, it could offer a blueprint for the striking writers and upcoming talks between studios and SAG-AFTRA, the union representing Hollywood actors. In the DGA's agreement, directors secured wage increases starting at 5% the first year, an increase in residuals from streaming, and a guarantee that "generative AI cannot replace the duties performed by members." AI has emerged as a major concern of writers and actors, who see their jobs as especially vulnerable to the new technology. The WGA work stoppage has disrupted production of late-night shows and shut down high-profile projects such as Netflix's "Stranger Things" and a "Game of Thrones" spinoff.

Persons: Chris Keyser, Keyser, AFTRA, Lisa Richwine, Maria Caspani, Dawn Chmielewski, Lisa Shumaker Organizations: of America, DGA, Alliance, Television Producers, Netflix, Walt Disney Co, Guild of America, WGA, YouTube, SAG, Hollywood, Thomson Locations: Los Angeles, New York

☆ US employers boost hiring in May; unemployment rate jumps to 3.7%
▼ + stars: | 2023-06-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

The increase in the unemployment rate from a 53-year low of 3.4% in April reported by the Labor Department on Friday was mostly driven by Blacks. The backfilling of these retirements and increased demand for services are some of the factors driving job growth. Most economists expect overall payrolls growth to continue at least through the end of the year. The drop in household employment combined with a 130,000 increase in the labor force to boost the unemployment rate. The unemployment rate for blacks jumped to 5.6% from 4.7% in April.

Persons: payrolls, Sal Guatieri, Nick Bunker, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci Organizations: Labor Department, Blacks, BMO Capital Markets, Fed, Reuters, Treasury, Reuters Graphics Reuters, Leisure, Writers Guild of America, Labor Department's Bureau of Labor Statistics, Thomson Locations: WASHINGTON, U.S, Toronto, joblessness

☆ Slower US job, wage gains expected in May
▼ + stars: | 2023-06-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

Nevertheless, the Labor Department's closely watched employment report on Friday is expected to still show the labor market remaining tight. PROGRESS ON INFLATIONBut the overall labor market remains upbeat, with first time applications for state unemployment benefits hovering at very low levels. Slowing wage inflation is corroborated by other measures like the Atlanta Fed's wage tracker, which has come off its peaks. Financial markets see a nearly 70% chance of the Fed keeping its policy rate unchanged at its June 13-14 meeting, according to CME Group's FedWatch Tool. The Labor Department's Bureau of Labor Statistics, which compiles the employment report, did not record the work stoppage in its May strike report.

Persons: Bill Adams, Brian Bethune, Nancy Vanden Houten, Lucia Mutikani, Chizu Organizations: Federal Reserve, Labor, Comerica Bank, Data, Labor Department, Atlanta, Boston College, Fed, Writers Guild of America, Labor Department's Bureau of Labor Statistics, Oxford Economics, Thomson Locations: y WASHINGTON, Dallas, New York

☆ Netflix shareholders reject sky-high executive pay packages
▼ + stars: | 2023-06-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +3 min

New York CNN —Netflix shareholders voted on Thursday to reject multi-million dollar pay packages for the company’s top executives including for co-CEOs Ted Sarandos and Greg Peters. Frederic J. Brown/AFP/Getty ImagesNetflix’s proposed executive pay packages for 2023 included up to $40 million for Sarandos, including base salary, a performance bonus and stock options. Netflix’s board, meanwhile, is able to disregard the results of this “say on pay” vote and approve executive compensation plans in spite of shareholder wishes. The board has already unanimously recommended voting for the pay packages. Last year, just 27% of Netflix shareholders approved of 2022 executive compensation packages.

Persons: Ted Sarandos, Greg Peters, ”, Meredith Stiehm, Frederic J . Brown, Peters, Reed Hastings, Spencer Neumann, David Hyman, Rachel Whetstone Organizations: New, New York CNN, Netflix, Writers Guild of America, Hollywood, WGA, Guild of America, Comcast, Getty, Securities and Exchange Commission Locations: New York, Hollywood , California, AFP

☆ US employers boost hiring in May, but labor market losing steam
▼ + stars: | 2023-06-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

Outside the COVID-19 pandemic, it was the biggest jump since 2010, reflecting a drop in household employment and a rise in the workforce. "However, the other areas of softness in this report suggests that the labor market is losing steam. The backfilling of these retirements and increased demand for services are some of the factors driving job growth. While not dismissing the household survey, economists said the establishment survey was the more reliable of the two. The fall in household employment combined with a rise of 130,000 in the labor force to boost the unemployment rate.

Persons: payrolls, Sal Guatieri, Nonfarm, Mike Blake, Gus Faucher, Conrad DeQuadros, DeQuadros, Daniel Zhao, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci, Paul Simao Organizations: Labor Department, BMO Capital Markets, Fed, Reuters, Leisure, Treasury, REUTERS, Reuters Graphics Reuters, Financial, Writers Guild of America, Labor Department's Bureau of Labor Statistics, PNC Financial, Brean, Thomson Locations: WASHINGTON, U.S, Toronto, Oceanside , California, Pittsburgh , Pennsylvania, New York

☆ Netflix investors voted against rich pay packages for the company's top execs amid the ongoing Hollywood writers' strike
▼ + stars: | 2023-06-02 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +2 min

Netflix shareholders on Thursday voted against pay packages for top execs totaling up to $109 million. The WGA had urged Netflix investors to reject the pay packages amid the Hollywood writers' strike. Netflix shareholders on Thursday voted against executive pay packages totaling up $109 million for the company's top leaders, several outlets including the New York Times reported. Amid the ongoing Hollywood writers' strike, the Writers Guild of America had called on Netflix investors to reject this year's executive pay raises. Last year, only 26.9% of voted shares approved the pay packages for Netflix's top executives, which led the company to hold discussions with investors, according to the annual proxy statement.

Persons: Ted Sarandos, Greg Peters, Reed Hastings, Meredith Stiehm, Peters Organizations: Netflix, WGA, Hollywood, Morning, New York Times, Writers Guild of America, Hastings, Comcast

☆ Netflix shareholders withhold support for executive pay package
▼ + stars: | 2023-06-02 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +3 min

June 1 (Reuters) - Netflix Inc (NFLX.O) shareholders on Thursday withheld their support for the company's executive pay package, in a non-binding vote that followed a call by striking Hollywood writers to reject the proposed 2023 compensation. "While investors have long taken issue with Netflix's executive pay, the compensation structure is more egregious against the backdrop of the strike," wrote Writers Guild West President Meredith Stiehm. Netflix shareholders withheld support for the executive compensation structure for 2023, in a non-binding "say on pay" vote. Last year, the company's executive pay package won support from just 27% of the shareholder votes cast. After last year's vote, Netflix said it made changes including instituting a salary cap for its co-chief executives and a performance-based bonus plan.

Persons: Guild of America West, Meredith Stiehm, Stiehm, Reed Hastings, Ted Sarandos, Greg Peters, Peters, Ari Emanuel, David Zaslav, Dawn Chmielewski, David Gregorio, Christopher Cushing Organizations: Netflix Inc, Guild of America, Guild West, Comcast Corp, Netflix, Hollywood, Endeavor, Warner Bros Discovery, Alliance, Television Producers, SAG, Thomson Locations: Los Angeles

☆ Netflix Shareholders Vote to Reject Executive Pay Packages
▼ + stars: | 2023-06-01 | by ( Nicole Sperling | ) www.nytimes.com time to read: 1 min

The NewsNetflix shareholders voted on Thursday to reject the lucrative pay packages of the company’s leaders, including the co-chief executives Ted Sarandos and Greg Peters. The vote is nonbinding and can be overruled by the company’s board of directors the next time it meets. Mr. Sarandos’s proposed pay package for 2023 would be worth up to $40 million through a combination of base salary, a performance bonus and stock options. Mr. Peters, who was named co-chief executive in January after Reed Hastings stepped down from the role, is set to receive up to $34.6 million. And Mr. Hastings, who became executive chairman, is on track to earn $3 million for the year.

Persons: Ted Sarandos, Greg Peters, Sarandos’s, Peters, Reed Hastings, Hastings Organizations: Netflix, Writers Guild of America

☆ The top Hollywood exec made $498 million in the last 5 years—384 times as much as the average writer
▼ + stars: | 2023-06-01 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +4 min

That's a staggering 384 times the average pay of a Hollywood writer. Overall, average pay for Hollywood's top execs climbed to $28 million in 2021, up 53% from 2018 (and roughly 108 times the average writer's pay) according to the analysis, which uses compensation data from the research firm Equilar and includes stock options, base salaries, bonuses and other perks. Meanwhile, average pay for Hollywood writers has remained virtually flat at about $260,000 as 2021, the Times reports. Hollywood executive pay dropped in 2022 due to stock market volatility and investor pressure to make streaming profitable. From 1978 to 2021, CEO pay grew by 1,460%, adjusted for inflation, versus just 18.1% for the typical worker.

Persons: David Zaslav, That's, Ari Emanuel, Reed Hastings, Bob Iger, Walt, Ted Sarandos, Rupert Murdoch, Lachlan Murdoch, Brian Roberts, Joseph Ianniello, Patrick Whitesell, Kaitlin Fontana, Kelly Evans Organizations: Hollywood, Los Angeles Times, Warner Bros, Discovery Inc, Times, Writers Guild of America, Endeavor Group Holdings Inc, Netflix, Walt Disney Co, Fox Corp, Comcast Corp, Paramount Global, Endeavor, Paramount, Disney, Company, WGA, Alliance, Television Producers, LA Times, Economic, Comcast, CNBC Locations: U.S, California

☆ Digital doubles, fake trailers: AI worries Hollywood actors before labor talks
▼ + stars: | 2023-06-01 | by ( Lisa Richwine | ) www.reuters.com time to read: +5 min

AI already has divided studios and striking film and television writers, who want assurances that the emerging technology will not be used to generate scripts. SAG-AFTRA wants to ensure its members can control use of their "digital doubles" and ensure studios pay the actual actors appropriately, said Duncan Crabtree-Ireland, the union's chief negotiator. A representative for the AMPTP had no comment on its position on use of AI with actors. In negotiations with the Writers Guild of America (WGA), the AMPTP proposed discussing the topic once a year, which the Guild viewed as an attempt to avoid the issue. You're never going to see anything like that if we're all using AI."

Persons: Julia Louis, Dreyfus, Christine, Wes Anderson, Harry Potter, Bill Murray, Scarlett Johansson, AFTRA, Duncan Crabtree, Crabtree, Tom Cruise, Keanu Reeves, Reeves, Leland Morrill, we're, Morrill, Justine Bateman, Indiana Jones, Harrison Ford, Walt Disney, Ford, Stephen Colbert, James Earl Jones, Darth Vader, Carrie Fisher, AFTRA's Crabtree, Bateman, " Bateman, Lisa Richwine, Jorge Ramos, Dawn Chmielewski, Mary Milliken, David Gregorio Our Organizations: Warner Bros ., Screen, Writers Guild America, YouTube, SAG, Microsoft Corp, Walt Disney Co's, Lucasfilm, Disney, Alliance, Television Producers, Netflix Inc, Writers Guild of America, WGA, Thomson Locations: Burbank , California, ANGELES, Hollywood, Ireland, ., Los Angeles

☆ The W.G.A. Strike Feels Personal to Me. - The New York Times
▼ + stars: | 2023-06-01 | by ( Ron Currie | ) www.nytimes.com time to read: +2 min

Most discussion of the Hollywood writers’ strike has centered on money: the studio chiefs, tech demigods and private equity oligarchs who have it and the writers like myself whose labor should entitle us to a greater share of it. One morning back in the summer of 2002, I was walking my dog when I got a call that my father was having a heart attack. Dad was a longtime Teamster, Local 340, which represents a grab-bag of freight jockeys, municipal workers and emergency services types. By the time I arrived, doctors had succeeded in dissolving the clot that had been choking off one of his coronary arteries. I found him lying in the I.C.U., less than a quarter of his heart muscle still functioning.

Persons: ’, we’ve, He’d, Dad, twitching Organizations: Hollywood, Writers Guild of America, Teamster

☆ Read ChatGPT's 'insulting' and 'garbage' 'Succession' finale script
▼ + stars: | 2023-05-28 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Here's an AI-generated script of the 'Succession' finale — and what experts thought of it. Next, Insider asked ChatGPT to write a scene from the finale based on that prediction. The most striking difference, he said, is how the AI-generated script contains "zero subtext," which he said "Succession" excels at. Jim Burnstein, another screenwriting professor at the University of Michigan and a WGA member, told Insider the script is "really insulting" and "should be off the table right away." "A bunch of monkeys" can write "Hamlet" better than ChatGPT can write "Succession," he added.

☆ 'Hot labor summer': Los Angeles unions back Hollywood writers
▼ + stars: | 2023-05-27 | by ( Jorge Garcia | ) www.reuters.com time to read: +2 min

LOS ANGELES, May 26 (Reuters) - Unions representing teachers, truck drivers and other workers who will be headed soon to the bargaining table turned out in downtown Los Angeles on Friday to support Hollywood's striking film and television writers. On Friday, a few hundred members of unions in the tourism and hospitality industries, teachers, logistics workers and public employees rallied in downtown Los Angeles in a show of unity. The participating unions represented more than 200,000 workers with collective bargaining agreements also due to expire in 2023, organizers said. "It's going to be a hot labor summer," Lorena Gonzalez, executive secretary of the California Labor Federation, told the crowd. [1/6] Union workers rally to fight alongside Writers Guild of America for liveable wages and future contracts in Downtown Los Angeles, California, U.S., May 26, 2023.

☆ A.I. Generated Scripts? Get Me Rewrite! - The New York Times
▼ + stars: | 2023-05-27 | by ( Paul Rudnick | ) www.nytimes.com time to read: 1 min

As the strike by unions representing thousands of film and TV writers approaches its second month, the role that A.I. might play in writing scripts remains one of the biggest issues. While the Writers Guild of America has expressed a willingness to work with A.I. Scene 2DETECTIVE: Did you kill that dead body? Scene 3DISTRICT ATTORNEY: Did you kill that dead body?

☆ Warner Bros. Discovery CEO David Zaslav gets booed during commencement speech: 'Pay your writers!'
▼ + stars: | 2023-05-22 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Discovery CEO David Zaslav was met with boos and shouts during his commencement speech. Zaslav was speaking at Boston University, where some graduates stood up and turned away from him. Discovery CEO David Zaslav returned to his alma mater to deliver its 2023 commencement speech — and was met with boos amid the writers' strike in Hollywood. The AP reported that a plane with a banner reading, "David Zaslav — pay your writers." Discovery CEO David Zaslav while he delivered the #BU2023 commencement address."

☆ Striking Hollywood writers lament residuals slide
▼ + stars: | 2023-05-22 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +5 min

The streaming residual check amounted to one-third of the $12,000 Jones received in residuals for writing one episode of the ABC drama "Queens." The writers argue that streaming services, which upended decades of television industry business practices, have significantly undercut their compensation. RESIDUALS WERE 'VERY HEALTHY'Streaming changed the compensation structure and now accounts for the largest share of TV residuals. One studio executive said writers negotiated a 46% increase in residuals for streaming programs, starting in 2022. The latest guild proposal would bump foreign streaming residuals by 200%, a number studio executives noted fails to recognize that subscription fees vary from country to country.

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