'The Wire' creator David Simon, seven other writers, and the Writers G...
NEW YORK/LOS ANGELES - “The Wire” creator David Simon, seven other writers, and the Writers Guild of America sued the four major Hollywood talent agencies on Wednesday for getting paid in such a way that the agencies’ financial interests prevail over those of their clients.
In recent decades, packaging fees have become the standard form of compensation for the four largest talent agencies, which have grown in power and reach amid a wave of consolidation. The four agencies named in the complaint - William Morris Endeavor, Creative Artists Agency, United Talent Agency and ICM Partners - receive over 80 percent of the packaging fees paid by Hollywood studios and networks, according to the WGA.
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Hollywood writers and talent agents dig in their heelsHollywood writers and their talent agents dug in their heels and showed no signs of backing down from their entrenched positions following their failure on Friday to arrive at a new agreement.
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