Hope for a late summer breakthrough on a deal between the Writers Guild of America and two major Hollywood agencies has turned into a fall waiting game.
The negotiating committee for the union says it has presented WME and CAA with a proposal on Friday on terms for a new agreement for theholdout talent firms to represent any of its estimated 16,000 members for the first time since April 2019.
A sticking point for the deal: Both WME and CAA are sister companies with film and TV content production companies owned by their corporate parents.
The Writers Guild has called such affiliate production a conflict of interest and has asked agencies that work with its members to comply with request to cap ownership in such ventures to 20 percent.
Read more on hollywoodreporter.com