Writers and producers reach a pact

The Writers Guild of America (both coasts) has announced a tentative agreement on a new three-year contract. The official view:

"It's been a long five months since we walked away from negotiations without a contract on June 2nd," said Daniel Petrie Jr., President of the WGAw, "but it has been well worth the wait. This tentative agreement is projected to be worth almost $58 million by the end of its term, nearly double what the producers offered us on June 1st. The new agreement will fully address the needs of our health plan, ensuring us a six-month reserve at the current level of benefits by the end of the contract in 2007. We consider this a major victory that was critical to protect the health benefits of writers and their families. What's more, the companies have also agreed to recommend to the pension fund directors that they increase pensions."

The WGA site has the rest of the guild's take.

More by Kevin Roderick:
Standing up to Harvey Weinstein
The Media
LA Times gets a top editor with nothing but questions
LA Observed Notes: Harvey Weinstein stripped bare
LA Observed Notes: Photos of the homeless, photos that found homes
Recent Hollywood stories on LA Observed:
Standing up to Harvey Weinstein
The Media
LA Observed Notes: Harvey Weinstein stripped bare
Volleying with Rosie Casals
LACMA costumes curator on Queen Victoria as fashion icon
Costume designer Mary Zophres moves on from 'La La Land'
Robert Osborne, 84, host on Turner Classic Movies
Oscars end on a surprise plot twist*


LA Observed on Twitter