The coalition representing Hollywood studios and streaming services made what it believes to be its best offer to striking writers Tuesday evening, releasing the terms of its latest contract in the hopes of persuading the Writers Guild of America to accept the deal.
Among the concessions the studios said they offered are a guaranteed minimum length of employment, controls around the use of generative artificial intelligence, wage and residuals increases and quarterly reports on viewing hours per title for streaming shows.
The move came after a Tuesday evening face-to-face meeting between industry executives and the leadership of the WGA. The strike is approaching its fourth month and if a deal isn’t reached soon, the 2023-2024 television season and many high-profile movies are likely to be delayed or scrapped altogether.
Read the full story on The Wall Street Journal here.