UPDATED: The Alliance of Motion Picture and Television Producers sent the Writers Guild of America its best and final offer on Saturday afternoon after four days of intense negotiations to secure a new three-year contract and bring the nearly five-month writers strike to an end.
Industry sources report that a last, best and final offer was sent to WGA negotiators around 5 p.m. PT. Legal representatives for labor and management huddled Saturday in person at AMPTP headquarters in Sherman Oaks. Other key players on both sides monitored events closely but from afar.
Saturday’s focus was finalizing the fine print of language for complicated and cutting-edge contract issues. The stakes in this negotiation have been unusually high, and reflective of the pace of change across the broader media and entertainment industry. Guild negotiators have grappled with how to regulate the use of generative artificial intelligence and other groundbreaking elements for the WGA’s minimum basic agreement, such as a formula for a minimum staff guarantee for episodic TV and a “success-based” residual from subscription platforms that is designed to funnel more money into the WGA’s pension and health funds.
The nitty gritty details of the terms around the AI proposal has been one of the final hurdles to overcome, multiple sources said.
“It’s mainly down to language now,” one industry insider said earlier on Saturday.
The negotiations were jumpstarted this week by the presence of four top executives — Disney’s Bob Iger, Warner Bros. Discovery’s David Zaslav, Netflix’s Ted Sarandos and NBCUniversal’s Donna Langley. Those four took part in three days of marathon negotiations that broke the months-long impasse between the WGA and Alliance of Motion Picture and Television Producers, the bargaining unit for the major studios and streamers.
The senior executives were not in the room Saturday but likely kept close tabs on the progress after investment so much time earlier this week. Insiders familiar with the situation said the approach of the Yom Kippur holiday on Sunday evening became an unofficial deadline target, once it became clear the sides were making real progress earlier this week.
Reps for the AMPTP and WGA did not respond to requests for comment on Saturday. The WGA has been on strike since May 2. Once the WGA deal is wrapped, SAG-AFTRA is waiting in the wings to return to talks and end the first industry-wide strike by the performers guild in more than 40 years. SAG-AFTRA’s work stoppage began July 14.
(Kate Aurthur and Gene Maddaus contributed to this report.)