WGA Outlines Next Step In Separate Negotiations With CAA & WME Over Franchise Agreement

01.10.2020 - 02:57

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David Robb Labor EditorThe WGA said Wednesday that it is in talks with WME and CAA for an agreement that would end their nearly 18-month standoff over packaging fees and the agencies’ affiliations with corporately related production entities. “In short: our conversations continue,” the guild said in a communique to members.The chief holdup is CAA’s ownership interest in affiliate wiip and WME’s ownership stake in affiliate Endeavor Content.

The guild has already agreed that agencies that sign its franchise agreement can hold a 20% ownership stake in production entities, but getting CAA’s and WME’s stakes down to 20% has been the hang-up.

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