Jennifer Maas TV Business Writer WGA East members at CBS News Streaming have renewed their union contract, which includes an annual pay increase of 3% for each of the next three years.
The pact, which will see the first pay bump for WGA’s CBS News Streaming staffers retroactive to March 10, also covers an increase to all salary minimums, a $500 ratification bonus for all employees, and “further benefit improvements” for the 58 members of the CBS News Streaming bargaining unit, per WGA East.
This second union contract for CBS News Streaming (the first signed in 2020) has been renewed amid the Writers Guild of America’s ongoing strike, which began following the union’s inability to reach a new agreement with the Alliance of Motion Picture and Television Producers (AMPTP) May 1. “We are pleased to have reached a deal with CBS that recognizes the value that Guild members bring to CBS News Streaming by providing fair pay increases, better compensation for long days and extra work, and a better work-life balance, among other gains,” the CBS News Streaming Bargaining Unit said in a statement Tuesday.
WGA East executive director Lowell Peterson added: “As the broadcast news industry continues to expand onto additional platforms, we are proud to represent newsroom employees at CBS News Streaming, which streams content online 24 hours a day, 7 days a week.
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