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January 25, 2008

STRIKE NEWS: LIONSGATE & MARVEL STUDIOS SIGN INTERIM AGREEMENT WITH WRITERS GUILD

LIONSGATE SIGNS INTERIM AGREEMENT WITH WRITERS GUILD

LOS ANGELES – Leading independent filmed entertainment studio Lionsgate is the latest company to sign an interim agreement with the Writers Guild of America. The company is one of the largest independent producers and distributors of motion pictures, television programming, home entertainment, family entertainment and video-on-demand content.

The agreement is similar to the deals the WGA has recently announced with United Artists, The Weinstein Company, Worldwide Pants, Spyglass Entertainment, MRC, Jackson Bites, Mandate Films, and Sidney Kimmel Entertainment.

“We are pleased Lionsgate has joined the growing number of companies that have signed interim agreements with the Writers Guild,” said Patric M. Verrone, president of the Writers Guild of America, West, and Michael Winship, president of the Writers Guild of America, East, in a joint statement. “Lionsgate is considered a leader in the industry, and its signing an interim agreement again confirms that it is possible for both writers to be compensated fairly and respectfully for their work and for companies to operate profitably.”

Upcoming Lionsgate films include Rambo, The Eye, Tyler Perry’s Meet the Browns, Forbidden Kingdom, My Best Friend's Girl, Punisher 2, Saw 5, and The Spirit. Upcoming television series include Weeds (Showtime, fourth season), Mad Men (AMC, second season), and Fear Itself (NBC, debut season).


WGA AND MARVEL STUDIOS ANNOUNCE INTERIM AGREEMENT

LOS ANGELES – Marvel Studios, a subsidiary of Marvel Entertainment, Inc., and the Writers Guild of America (WGA) announced today that they have reached an interim comprehensive agreement that will put writers immediately back to work on the Marvel Studios development slate. Terms of the agreement were not disclosed.

“We’re very excited about our summer releases, Iron Man and The Incredible Hulk, and look forward to resuming work with writers on our future projects including Captain America, Thor, Ant-Man, and The Avengers,” said Marvel Studios Chairman David Maisel.

“Marvel Studios’ signing of an interim agreement with the Writers Guild is more good news for our membership,” said WGAE President Michael Winship and WGAW President Patric M. Verrone. “Marvel is committed to fairly compensating their writers and now they can move forward with their planned production schedule.”

Marvel Studios recently launched its independent live-action film studio to develop, produce, and fully finance Marvel movies, which will include two of this summer’s most anticipated releases – Iron Man and The Incredible Hulk. Directed by Jon Favreau, Iron Man will be released by Paramount Pictures on May 2, 2008, and stars Robert Downey Jr., Terrence Howard, Jeff Bridges and Gwyneth Paltrow. The Incredible Hulk, which will be released by Universal Pictures on June 13, 2008, is directed by Louis Leterrier and stars Edward Norton, Liv Tyler, Tim Roth, and William Hurt. In cooperation with other studios, Marvel previously produced a long succession of hits, including the Spider-Man, X-Men, and Fantastic Four franchises, Ghost Rider, and Daredevil.

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