Following a strike threat, the Writers Guild of America has reached an agreement with Nickelodeon for the network to pay $11 million in residual payments and interest for writers who work on Nick shows.
The payments were disclosed in an email to members by WGA West president Christopher Keyser and exec director David Young, who said that the guild had pursued arbitration claims against Nickelodeon an “egregious” ongoing failure to pay residuals on a timely basis.
“The guild’s efforts culminated this spring with a demand that Nickelodeon post a multi-million-dollar bond to cover future residuals on its shows,” the missive said. “We warned the company that if it failed to post the bond, the Guild would be forced to issue a stop work order for writers on Nickelodeon shows. That got their attention.”
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