![]() ![]() And Warner Bros Discovery would need to pay an extra $47m, or 0.108% of revenues. Netflix would have to pay out an additional $68m, representing 0.214% of revenues. The annual cost to Disney would be $75m, said the Guild, representing 0.091% of that company’s revenues. In total, the eight companies would have to pay writers an additional $343m, according to the Guild. ![]() The message included a chart showing what the proposals tabled by the WGA when contract talks ended would cost the eight companies that are writers’ major employers. Yet they are risking significant continued disruption in the coming weeks and months that would far outweigh the costs of settling.” In a message to Guild members, the WGA negotiating committee said studios and streamers “have made billions in profit off writers’ work, and they tell their investors every quarter about the importance of scripted content. As the US writers strike enters its third week, the Writers Guild of America (WGA) has released estimates suggesting that its proposals for a new contract would cost the US industry $429m a year, an amount that is “modest compared to industry revenues and profits.” ![]()
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