Victory for Writers

Posted by Michael Link on February 13, 2008 at 10:51 AM

And it's a victory for all workers and union-members. It's also good news for the Networks, since it's a fair deal that, in the words of CBS executive Leslie Moonves, "recognizes the large contribution that writers have made to the industry."

It was put to a vote by the writers, and the results were overwhelming: 3,492 voted for the new contract with only 283 voting against. And so the three-month strike is over.

Under the agreement:

Writers would get a maximum flat fee of about $1,200 for streamed programs in the deal's first two years and then get 2 percent of a distributor's gross in year three -- a key union demand.

Other provisions include increased residual payments for downloaded movies and TV programs.

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