FIRST AIRED: April 29, 2017

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:01
>> When it comes to late-night satire, Donald Trump and Sean Spicer may finally be getting a break, if TV and film writers go on strike. Saturday Night Live and talk shows like Stephen Colbert's, will be the first to go dark should the union walk off the job next week.
00:00:17
The Writer's Guild of America demanding more money from major studios such as Disney, Fox, and Time Warner. Reuters' entertainment correspondent Jill Sargent.>> The heart of this looming strike and were gonna get a decision over the weekend presumably, is in fact the whole revolution in television over the five or six years.
00:00:35
We're living in this Golden Age of Television, 400 shows on television. Now we have options to watch shows on Netflix and Amazon.>> But with many shows producing fewer episodes per season. A decade ago most comedies and dramas cranked out 22, now, many series produce ten or less.
00:00:56
>> The problem is, the writers say, they only get paid per episode. So it's pretty obvious. If, one day, you were getting paid 22 episodes, and now you're getting paid ten, your salary is basically halved.>> The writers also looking to level the playing field when it comes to royalty payments or residuals.
00:01:12
Currently earning less for shows resold to streaming sites and DVDs, than to major networks. A strike would also cause daytime soaps and game shows to shut, likely replaced by reruns. Prime time comedies and dramas, whose episodes are written and produced many weeks in advance would take a hit if a walk-off were prolonged.
00:01:32
A Writers' Guild strike during the 2007-2008 TV season lasted 100 days and cost the California economy roughly 2.1 billion dollars. But a strike is looking to benefit Netflix, Amazon, and Hulu. Their vast catalogs of shows and films ready and waiting for even greater online migration.