Film and TV writers are to stage their first strike for two decades, after last-minute talks failed. The WGA wants writers to receive a slice of the additional advertising revenue that studios make when TV shows are streamed over the Internet. It also wants an additional reward for creating bespoke digital content for the Internet or mobile devices. Another key issue is how to split DVD revenue. Consumers are expected to spend $16.4 billion (E11,3bn) on DVDs this year, according to Adams Media Research, but writers receive only about 3 cents on a typical DVD selling for $20.

Other posts by :

1. Bank: AST SpaceMobile has 2 year head start on Starlink
2. SpaceX wraps IPO; 8,000 launches by 2030
3. Markets braced for SpaceX IPO
4. Former SpaceX exec to build ‘space taxis’
5. Eutelsat shares crash despite good news
6. Analyst: Years of subs growth ahead for Starlink
7. SES CEO: “Multi-orbit is now key”
8. More details emerge on SpaceX IPO
9. Viasat confident despite SpaceX threats

Categories: Articles, OTT, OTT, Regulation