A threat of a Hollywood writers’ strike was diminished A contract between the Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP) was set to expire at midnight, but the two groups shook hands on a deal in the early hours of Tuesday. WGA wrote in a memo In the memo, the WGA wrote that they won a 15 percent increase in Pay TV residuals, nearly $15 million in High-Budget SVOD and comedy-variety writers in Pay TV residuals, and job protection on Parental Leave. If the contract expired before a deal was reached, The strike would have cost the state of California $200 million per week.
