Tuesday, July 5, 2011

Screenwriters Feeling The Pain In 2010

Screenwriters earnings have been on the downward slippery slope since 2007, with studios using cost-cutting measures at every turn. Numbers are in for Hollywood screenwriters earnings for 2010, down ten percent on the previous year.

The fiscal story line was grim for Hollywood's screenwriters in 2010.

Feature writers belonging to the Writers Guild of America, West reported earnings of $393 million last year, down 10 percent from the prior year and 25 percent below 2007, according to a report the guild released Friday.

The decline underscored the fact that there are fewer writers working at a time when studios have scaled back the number of feature films they are releasing.
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