Ok, so I hear this a lot: "But can the corporations really afford to pay you what you're asking for?"
Let's set aside for the moment the issue of what the congloms say in their press releases to us (which is basically "There's no money! Ever! And if there was, we spent it all on other projects that lost money so it's gone! Forever! We're broke! We're having to rent our yachts!") and focus on some hard numbers thoughtfully provided by Jonathan Handel on the Huffington Post yesterday.
He writes an excellent (I think) and even-handed analysis that takes into account the effect pattern bargaining will have in calculating real numbers of what we're asking for, and what it will cost the companies, individually, to pay us.
It comes, by his calculation, to $125 million per conglomerate per year -- if we got every single thing we're asking for.
That, by the way, is less than the $140 million Disney spent to fire Michael Ovitz for 15 months of work.
But the reality is, everyone knows how negotiations work:
Remember too, the WGA doesn't realistically expect to get all the numbers it's asking for; a negotiation is a compromise, not a diktat. Let's assume the parties split everything down the middle. That's about a $60 million increase per major per year. $60 million? It's a small fraction of the typical revenue and profits the conglomerates are achieving. The numbers are complex, but the conclusion is simple: the producers can afford to increase the residual payments, and it's time for them to do so.Take a look at the post. Read for yourself. What we're asking for is simple, fair, and eminently affordable.
And we're a better bet than some of Disney's previous hires.