Article 16b of the WGA (Writers Guild of America) agreement is a critical aspect of the contract between writers and producers in the entertainment industry. This article pertains to the use of literary material in other media, such as adaptations from one media platform to another.
In essence, Article 16b establishes that writers are entitled to residuals when their literary material is used in an adaptation. Residuals are payments made to writers when their work is reused or repurposed. For example, if a writer creates a script that is turned into a movie, and then the movie is adapted into a TV series, the writer would be entitled to residuals for both the movie and the TV series.
Residuals are crucial to the livelihood of writers, as they provide ongoing compensation for their work. Without residuals, writers would only receive a one-time fee for their intellectual property, which would not reflect the ongoing value of their work.
Article 16b also establishes a formula for calculating residuals based on the revenue generated from the adaptation. The formula takes into account the budget of the adaptation, the revenue it generates, and the percentage of the adaptation that is based on the original literary material.
Although Article 16b is specific to the entertainment industry, it has broader implications for the value of intellectual property and the importance of ongoing compensation for creators. It underscores the need for fair and equitable compensation for writers, as well as the recognition of the ongoing value of their work.
In conclusion, Article 16b of the WGA agreement is an essential aspect of the contract between writers and producers in the entertainment industry. It recognizes the ongoing value of literary material and the importance of residuals in providing fair and equitable compensation for writers. As copy editors experienced in SEO, it`s essential to understand the value of intellectual property in the entertainment industry and the ongoing compensation creators need to continue their work.