The following Writers Guild timeline chronicles some of the advancements made by film and TV writers through the last century:1927: First script registration takes place. 1933: Ten writers meet at the Hollywood Roosevelt Hotel to discuss forming a union. 1938: Screen Writers Guild is certified as the collective bargaining agent for all screenwriters. 1940: The first Minimum Basic Agreement is reached, granting writers the right to determine writing credits. 1953: The first residuals provisions and separated rights for TV are won after a three-month strike. 1954: The Writers Guild of America, East and West, are founded. 1960: Residuals on post-1960 motion pictures and television, the Pension Plan and separation of rights are won after an eight-month strike. 1966: Guild wins the right to limit the granting of possessory credits. 1970: Guild trades the ability to limit the granting of possessory credits in exchange for an agreement that the credit would only be granted to directors of stature. Guild achieves significant gains in re-acquisition of original, unproduced theatrical screenplays and a 100% pay increase. 1973: Guild wins residuals in supplemental markets, expands jurisdiction to hyphenates, establishes Health Fund after four-month strike. 1977: Guild wins domestic TV residuals in perpetuity. 1981: Established minimums and residual structure for made-for-pay TV and made-for-video. Agreed to percentage formula for residuals for free TV to basic cable after a three-month strike. 1985: A three-week strike over videocassettes is held. 1988: In a 22-week strike, Guild achieves moderate gains and ensures no further rollbacks for more than a decade. 1992: Contract is extended. Contract Adjustment Committee is created. 1995: Separate agreements with the networks and AMPTP companies to reduce the granting of the possessory credit within four years; provisions for payments to reuse material in interactive programs and moving the theatrical onscreen credit to second position. 1998: Changes to pay-TV residual formula, security interests and residual enforcement provision are implemented.