Marketplace

Search

Friday, January 18, 2008

Listen to the show

Will directors' deal help end WGA strike?

Writers walk picket line at Fox Studios, L.A.

A tentative contract between a union of film directors and major studios could be the key to ending a crippling writers' guild strike. But the devil is in the details. Renita Jablonski reports.

Writers walk the picket line in front of Fox Studio in Los Angeles. (Gabriel Bouys/AFP/Getty Images)

More on Jobs, Entertainment

TEXT OF STORY

Doug Krizner: There might not be a lot of new material on TV, but the plot in the writers' strike has a new twist: The film directors' union and the major studios have reached a tentative contract.

And as Renita Jablonski reports, it puts pressure on the writers to reach an agreement.


Renita Jablonski: Now that producers have a deal with the directors' union, an olive branch is going out to the writers' union. Patrick Verrone is president of Writers Guild of America West. He says he's ready to forgive, but not forget how the last round of talks broke down in December.

Patrick Verrone: You know, we've been looking to bargain with the conglomerates now for over a month -- they walked away from the table. We're still willing, ready and able to bargain with them.

Writers want more money for movies and TV shows that end up on the Internet. The directors' deal includes higher residuals for online video. The hope is the contract can be a template for a new WGA contract. Verrone says it's too soon to start writing a happy ending.

Verrone: We have to look at the contract. We aren't going to be overly optimistic or pessimistic at this time.

The writers strike is entering its 11th week. Hollywood's waiting to see whether it'll be able to dress up for the Oscars next month. I'm Renita Jablonski for Marketplace.

Music From This Show

  • Demasiado Corazon Willy DeVille Buy
  • Mr. Writer Stereophonics Buy
  • Everything's Not Lost Coldplay Buy
  • Election Day Lyle Lovett Buy

The Specials

GAME: Budget Hero

Budget Hero

Think you could balance the federal budget? Play the game.

Conversations from the Corner OfficeTM

Conversations From the Corner Office

Marketplace goes one-on-one with CEOs, company founders, head honchos...

Sit in

Working

Working

Intimate profiles of workers in the global economy.

Meet them

Marketplace on iTunes U

iTunes U

Marketplace is on Apple's online education platform, iTunesU. Get free downloads in subjects like History, Science, Business and more. Study up

American Public Media © |   Terms and Conditions   |   Privacy Policy