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Wga Theatrical And Television Basic Agreement
Although the WGA`s residual calculation methods are multiple and complex, they are a critical part of the entertainment industry, which is responsible for compensating authors and inspiring the creation of television programs. The obligation to pay for leftovers generally follows the success of the program; As a result, the leftovers for writers and studios are just as positive. Here are other free-lance contracts and agreements, z.B. the Low Budget Agreement, the New Media Sideletter and the Collaboration Agreements. Author training and new authors` discounts, which include the minimum screen and television and involve disproportionate broadcast groups, have been abolished. The second type of residual calculation is a revenue-based calculation, in which the leftovers payable are based on a percentage of the revenue that the studio or distributor receives. The second formula applies, among other things, to reuse on basic cables, AVOD and other high-budget programs than SVOD programs.  With respect to reruns on basic cable television, the residues are generally calculated on either 1) of a cable formula, in which the decreasing percentages apply to the prevailing minimum values of cable, commonly known as “Formula Sanchez,” which refers to the show “Sanchez of Bel Air,” for which the formula was first used, or 2) a “Hitchcock” formula, named after the “Alfred Hitchcock Presents” show, the centenary (120%) one percentage point. the difference between the corresponding prime time network minimum and the applicable cable minimum for twelve (12) repetitions over five (5) years. “The MBA sets minimum standards for the initial remuneration of writers, to ensure our livelihoods and set fair standards for our industry. Although some of us earn more than the minimum, the increase in minimum requirements affects all authors. On television, for example, pension and health fund contributions are generally paid up to 21 times the current minimum wage.
When minimum benefits increase, contributions to the funds are also made. Therefore, increasing minimum wages is essential both for individual authors and for the strength of our retirement plan and health fund. Minimum values are also the basis on which many of our residues are calculated. On Wednesday, the Writers Guild of America sent an email to its members revealing details of Tuesday night`s new three-year TV/theatre deal with major studios, saying the coronavirus pandemic and economic circumstances had hampered its campaign to secure many desired profits for writers. Whether or not a television writer is entitled to leftovers ultimately depends on the WGA`s credit establishment. Under the basic agreement, the guild, if it grants a written credit to a writer, is entitled to 100% (100%) residues available, while a writer who receives a “teleplay by” credit, 75 per cent (75%) can claim available residues If the guild only recognizes a “Story by” credit to a writer, it is entitled to 25 per cent (25%) available residues.