WGAW residuals up 8.3% in second quarter

Second-quarter residuals for the Writers Guild of America West show that guild members have seen an overall 8.3% increase in earnings compared to the second quarter of 1992. Resid earnings from April to June of this year amounted to $ 26,373,103.13.

In the comparable three months of 1992, writers earned $ 24,351,201.38.

Year-to-date earnings have also risen, up 7.1% compared to this time last year. From January to June, guild members earned $ 50,037,609.01 in residuals.

That figure compares to $ 46,709,514.69 for the first six months of last year.

The biggest leap in resid earnings occurred in feature films, which saw a 24. 4% jump in domestic distribution resids and foreign free TV. Film resids amounted to $ 10,385,419.65 during the second quarter, and were $ 21,531,735.59 for the first six months of the year.

TV earnings continued to contribute the lion’s share of income, though, rising 5.3% to $ 14,650,380.86 during the second quarter. During the first six months of the year, TV resids amounted to $ 26,772,580.93.

The biggest share of TV earnings continues to be domestic free TV, although cable programming is making big strides with a 35.7% increase in residual earnings this year. Writers earned $ 1,869,533.43 in cable resids from January to June.

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