Information Sharing Required By WGA’s Historic Agency Franchise Deal To Play Key Role In Film & TV Contract Talks
deadline.comThe WGA’s historic victory in its epic legal battle to reshape the talent agency business is expected to pay “unprecedented” dividends in its upcoming film and TV contract negotiations with the Alliance of Motion Picture & Television Producers.
Limitations on packaging fees and agency ownership of production entities got most of the press coverage during the guild’s two-year battle with the major agencies, which ended two years ago this month when WME became the last of the major agencies to agree to the guild’s terms.
But the new franchise agreement’s requirement that the agencies share information about the employment of their writer-clients could prove even more important in the guild’s upcoming contract talks, which get underway on March 20.
Under that agreement, agencies now are required to provide the guild with invoices, deal memos, contracts and statements of compensation and agent commissions.
Read more on deadline.com
