Video iPod - Union Buster?
Those of you who remember last Tuesday’s posting, we ended it by telling Hollywood that the ball was now in their court. We didn’t expect the reaction to come so swiftly:
If Apple’s new video iPod is as successful as expected in delivering paid programing over the Internet, Hollywood’s unions want their share and are worried about being shortchanged on residuals.
Writers Guild of America West president Patric Verrone was the latest to voice these fears, issuing a letter to members Friday that said WGAW and its sister guilds are unwilling to accept the DVD residuals formula, which takes most of the money off the table before sharing a set percentage of gross revenue.
Essentially ABC is applying the less lucrative DVD formula to the downloads but the union is arguing that this is more like TV (which is a more lucrative set of residuals). This is hilarious only because this is neither TV or DVD…
The trackback URL for this entry is:
Trackbacks:
Comments:
Next entry: 3 UK lets cell users make, sell videos
Previous entry: How Bob Iger Saved Network TV
