A strike by Hollywood writers will begin Monday morning unless a last-minute deal is reached with the
studios over the weekend!! It would be the first strike in nearly 20 years for the writers
union so someone better do something!!!.

“I HOPE THIS DOESN’T MESS UP MY COMMUTE TO WORK” (LENNY)

THE BIG ISSUE!
The biggest issue facing the two sides of this debate right now are the DVD and new media residuals. Currently the formula is based on the home video formula created years ago when VHS and the sale of home video movies were first introduced. That formula provides that the first 80% of the revenue from sale of VHS tapes (and now DVDs) goes to the cost of manufacturing and distribution, and of the remaining 20%, writers are awarded just 1.2%, or about 3 cents on every $20 VHS or DVD. The WGA is now asking for their percentage to be based on 40% of the sale, and the same formula should be applied to all new media.

NOW YOU TELL ME, DO YOU THINK THEY CAN COME TO AN AGREEMENT? DO YOU THINK IT’S FAIR? LET US KNOW