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THE WRITERS GUILD OF AMERICA RECENTLY initiated a new contract designed to give independent screenwriters and producers the benefits provided by Guild contracts. Called the WGA Low Budget Agreement, the program applies to films with budgets under $750,000 and allows writers to defer payment of their compensation.
Under this agreement, original screenplays will not be rewritten without the writer's consent, and writers will be guaranteed Guild contract protections, including residuals.
Available to both WGA members and...