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MUMBAI: As the Writers Guild of America (WGA)
strike continues, the smaller film studios have
started signing deals with the organisation.
The three latest companies to have done interim
deals with WGA are RKO, Lionsgate and Marvel
Studios.
RKO's
current production schedule, to be announced
shortly, includes several original screen projects,
as well as the financing, production and distribution
of a number of new versions of classic films
from RKO's 1,300-film library.
RKO's
CEO Ted Hartley says, The negotiation
with the Guild was smooth and businesslike;
they kept their agreement and we kept ours.
It all moved ahead at a steady pace and resulted
in good feelings on both sides. This now releases
the pent-up energies of the talented executives,
producers and writers at RKO. We all are eager
to get back to creating great films and innovative
programming today.
In
its statement, the WGA notes that in the past,
RKO gave the world such classics as King
Kong, Citizen Kane and It's a
Wonderful Life. "Now it looks to the
future, signing an interim agreement that recognises
fair and respectful compensation for writers
on the Internet and in new media. We applaud
their forward thinking and are pleased to join
with them in this agreement, adds the
satement.
Another
company that did a deal is Marvel Studios. It
has recently launched its film studio to develop,
produce and fully finance Marvel movies, which
will include Iron Man and The Incredible
Hulk. The WGA praised Marvel for being committed
to fairly compensating their writers and says
that they can now move forward with their planned
production schedule.
Earlier,
The Weinstein Company, United Artists, Sidney
Kimmel Entertainment, Spyglass Entertainment,
MRC, Jackson Bites, Mandate Films and Worldwide
Pants all signed deals with WGA.
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