2nd NE Quadrant\The Approval Matrix: Week of Feb. 25, 2008
Everybody probably knows it by now, but the 100-day writer's strike has ended.
Under the tentative agreement, writers would get a maximum flat fee of about $1,200 for programs streamed on the Internet in the deal's first two years and then get 2 percent of a distributor's gross in year three — a key union demand. Other provisions include increased residual payments for movies and TV programs downloaded from the Internet. The last writers strike, a 153-day walkout in 1988, resulted in an estimated $500 million in lost wages.
-- Yahoo! News
Editor's Note: I think this is good for the writers, because I personally watch all my "television" on the Internet. (I don't have enough self-control to have cable television. I'd waste too much time.) It's only fair that the writers get paid too. TV Guide has a post about when your favorite television shows will return. For example, "30 Rock" is set to return on April 10.