What does the end of the writers strike really mean?

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What does the end of the writers strike really mean?
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We're breaking down the four biggest takeaways from the proposed WGA contract.

"Los Angeles, our fight isn’t over — it’s just heating up! We’re committed to securing a fair contract because we deserve nothing less. Let’s keep pushing, keep fighting, and show the world our determination!"

For shows that have been greenlit with six or fewer episodes, studios are now required to employ at least three writers and three writer-producers. For shows with seven to 12 episodes, the minimum is five writers and three writer-producers. For shows with more than 13 episodes, the minimum increases to six writers and three writer-producers.

The new deal WGA members will vote on increases the rates for minimum pay in these pre-greenlight rooms by 25% above the highest regular room rate, which would take effect beginning November 1, 2023.Previously, writers were compensated with residuals for shows on streaming services but the rules surrounding payment were opaque. The WGA wanted to establish an official system that would reward writers for hugely successful shows on streaming services like Netflix or HBO's Max.

Specifically, series and films viewed by 20% or more of the service's domestic subscribers within the first 90 days of its release will get a bonus equal to 50% of the fixed domestic and foreign residual. The new bonus structure will take effect for projects released on or after Jan. 1, 2024.Writers had also feared the ramifications of artificial intelligence on their craft. Previously, the AMPTP had offered to have an annual meeting to discuss the use of AI.

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