The Writers Guild of America and the Alliance of Motion Picture and Television Producers, which represents Hollywood's major studios, reached an agreement in the eleventh hour, avoiding a writers strike. The WGA had vowed to strike if the two side had been unable to come to terms on the new three-year collective bargaining agreement, which would have likely been a costly disruption in Hollywood productions. In a memo to its members the WGA said it made gains in minimums across the board and increased contributions to the health plan, according to Variety. The guild also received a 15% bump in cable TV residuals and a roughly $15 million increase in subscription video on demand residuals, along with job protection on parental leave and a win on pay in short TV seasons. While the guild said it didn't get everything it wanted, or everything it deserved, it had previously estimated it would have cost studios $156 million annually to increase payments under its proposal.
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