Hollywood scribes saw a 12% rebound in earnings last year -- recovering much of the 15.4% financial hit that they took in 2008 from the double whammy of the recession and the 100-day strike.
The Writers Guild of America West, which sent its annual report to its 8,000 members this week, disclosed that total earnings covered by WGA contracts hit $931.4 million in 2009, up $100 million from 2008. That gain, the report noted, was fueled largely by "strong" earnings by TV writers.
Despite the salary increases, the number of writers employed declined last year by 11 slots to 4,328. And guild leadership took pains to point out that the number of writers getting paychecks has declined by 4.7% from 4,542 in 2006 -- the most recent pre-strike year.
"While earnings have rebounded, the impact of macro-economic pressures is reflected in the number of writers reporting earnings," noted the report, which is traditionally released in the mid-summer.
TV earnings set a record with 10.1% rise to $502.4 million -- $31 million above the record set in 2006 -- but small-screen employment gained only 27 slots to 3,094 last year. And the number of employed writers was down by 241 from the record of 3,335 in 2007 when pre-strike stockpiling drove hiring.
Feature film earnings rebounded 14.5% to $426.4 million in 2009, recovering about half of the steep 29% plunge in 2008. Studio stockpiling had lifted feature earnings in 2007 by 20.5% to a record $525.4 million.
The WGA also disclosed that residuals edged down 0.7% last year, or less than $2 million, to $286 million. TV residuals rose 2.8% to $141.5 million and screen residuals slid 3.3% to $133.3 million.
New media residuals -- one of the key WGA strike issues -- jumped from $100,000 in 2008 to $2.1 million for TV last year, including some delinquent payments. New media residuals for film went from a negligible amount in 2008 to $690,000 last year.
via www.variety.com
Interesting spin, especially compared to the LA Times article I linked to earlier today.

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