Jan. 15th, 2008
Yahoo news just reported that four of the major studios have unilaterally cancelled or opted out of over 65 writer's contracts for on-going or developmental shows. The studios seem to be giving up on not only this year's shows, but next year's as well. Common sense and economics says that giving up a couple pennies on the dollar to the writers wouldn't hurt the bottom line much for the big studios. It also says that production on US based shows is all but dead. Expect to see a crop of shows with "reality" themes, or filmed outside the US, or worse..
Ref: http://news.yahoo.com/s/ap/20080115/ap_on_en_tv/hollywood_labor
Ref: http://news.yahoo.com/s/ap/20080115/ap_on_en_tv/hollywood_labor