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MUMBAI: The Writers Guild of America (WGA) and
the Tom Cruise and Paula Wagner-run United Artists
Films (UA) have reached a mutually beneficial
independent agreement.
UA
has thus become the first Hollywood major to
reach a deal with the striking screenwriters.
While the details are not being disclosed, the
agreement addresses the issues important to
writers, including new media.
As a result of this agreement, Writers Guild
members will be able to work with United Artists
while the strike against other companies continues.
The agreement is unique to United Artists Films
and does not involve Metro-Goldwyn-Mayer Studios
(MGM), which is a shareholder of United Artists
Entertainment.
WGA West president Patric M Verrone says, United
Artists has lived up to its name. UA and the
WGA came together and negotiated seriously.
The end result is that we have a deal that will
put people back to work.
UA co-owner and CEO Paula Wagner says, This
agreement is important, unique, and makes good
business sense for United Artists. In keeping
with the philosophy of its original founders,
artists who sought to create a studio in which
artists and their creative visions could flourish,
we are pleased to have reached an agreement
with the WGA.
This
deal opens the door for further agreements to
be struck with companies like The Weinstein
Company.
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