WME Signs WGA Franchise Agreement, Giving Guild Historic Win In Campaign To Reshape Talent Agency Business

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 71 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The WGA has won its historic campaign to reshape the talent agency business, today signing WME – the last agency holdout – to its franchise agreement. All the major agencies have now signed the agr…

– the last agency holdout – to its franchise agreement. All the major agencies have now signed the agreement, which will return them to a 10% commissioning business model not seen in decades.

“WME and the WGA have agreed to a new franchise deal that addresses writers’ core concerns while recognizing the unique aspects of our business,” Ariel Emanuel, CEO of Endeavor, said in a statement. “Writers have been a part of this agency since our inception, and they will continue to be a part of the lifeblood of WME. We look forward to once again serving as their advocates during this unprecedented time in our industry.

One by one, the agencies began to fall, signing the WGA’s code of conduct – slowly at first, but then in a steady stream after more than 7,000 WGA members fired their agents in April 2019.

History will also record that seven writers – David Simon, Meredith Stiehm, Patricia Carr, Ashley Gable, Barbara Hall, Deric A. Hughes and Deirdre Mangan – led the charge as the named plaintiffs in the long-running court battle, which was ably waged by WGA West general counsel Tony Segall and a team of attorneys that included P. Casey Pitts, Stephen P. Berzon, Stacey Leyton, Andrew Kushner, Juhyung Harold Lee, Stephen Cannon and Ethan E. Litwin.

“The issue of talent agencies owning production entities is, and always has been, an issue of great concern to the DGA,” Hollander wrote. “The issue of avoiding conflicts of interest is exceedingly important to the DGA and our members. Affiliated ownership carries with it inherent and obvious conflicts of interest.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Keep fighting the good fight!

HeerJeet ✊

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 109. in CA

Canada Canada Latest News, Canada Canada Headlines