The slashing of residuals, he said, is on a per-program basis.
And the culprit is streaming, where half of all series writers now work.
Its a set amount of money.
Adobe
Were seeking to raise scale.
You cant have a showrunner working for the same rate as a story editor.
Slocum added: With more writers working at scale, there needs to be scale for experience.
At every job title, more writers work at MBA minimum now than a decade ago.
Median weekly writer-producer pay has declined 4% over the last decade.
Adjusting for inflation, the decline is 23%.
This is an increase over last year where new media accounted for 36.7% of the total residuals collected.
The studios, however, see the guilds narrative entirely differently.
A serialized series would also have limited off-connection opportunities and, in most cases, no opportunity at all.
With the emergence of SVOD platforms, serialized series thrive and earn residuals that were before nonexistent.
The made-for-SVOD product does, in fact, earn significant residuals for WGA members.
Total writer earnings reported for dues purposes declined 7.7% to $1.55 billion.
And for dues purposes the guild is referring to reportable income, which does not include over-scale pay.
The annual report acknowledges, however, that the 1pandemic played a significant role in those recent declines.
In all fields, writers reported declines in both employment and earnings.
The guilds current contract expires May 1.
