The Disruption of Television

The Writers Guild is one of the organizations that signs a contract with this organization known as the AMPTP, which represents all of the studios. It's like significant technological changes in film and in media transform not just the economics of the industry, but also the nature of work,. And when that happens, systems of compensation for that work need to be renegotiated. The agreement, you know, for the Writers Guild and Directors Guild and Actors Guild, those are three year cycles. IA does a five year cycle. Those agreements might go forward and go well and negotiations are decided and there's shifts and changes. Then we move forward and there's another cycle.