Although as Writers Guild of America reminded its members, the strike is still on until the votes are counted, WGA has suspended picketing and it looks like they have a firm deal. The deal links writer compensation to advertising and other revenue derived from streaming media, an elegant solution to the problem of monetizing a product so new no one knows how it will make money and is extremely likely to be given away (you know, like broadcasting).
I don’t have much to add here by way of analysis, but I wanted to give a huge shout out to the writers and the guilds and the actors that supported them for holding out and getting a fair deal. If we are indeed a country on the verge of change (as I keep hearing), I can hope that one change will be to reverse the sad downward slide of organized labor. Unions have been one of the most positive forces in our country for economic progressivism. Perhaps a high profile win or two will remind people why it pays to join and why they should look for the union label . . . .
Stay tuned . . . .
(Former member National Treasury Employees Union)