Agents offer to share packaging fees with writers but no deal yet as deadline looms

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Agents offer to share packaging fees with writers but no deal yet as deadline looms
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As Friday’s deadline looms, Hollywood writers and their talent agents still appeared far apart on key issues, with prospects of a last-minute deal fading as the two sides continued working on a negotiated agreement.

The Writers Guild of America and Hollywood talent agencies are facing a Friday deadline to reach a negotiated settlement on their contract.

In the most significant concession, agents are now offering to share a percentage of their back-end profits to writers on packaged shows. They are offering 80% to be shared among a show’s writers who are not participating in the profits of the series, regardless of which agency represents them. The agents also responded to the WGA’s request that they share client contracts and invoices, saying they are offering to provide the guild with copies of writers’ “executed contracts and financial information,” with the writers able to opt out of sharing this confidential information.

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