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I think this is more than fair. Development Fees For Writers On The Rise Amid Depressed TV Buying: “We Call It Schmuck Insurance” https://t.co/jmwz4aq4pd via @Deadline
“You’re paying for my expertise, my knowledge. As soon as I bring my rate down, that just brings everybody’s rate down,” said one reality TV worker with credits on #RHONY and “Impractical Jokers.” “You can’t start undercutting people,” he said. https://t.co/FtjMKDk88r
I would love to see the list of writers managing to get these fees because I’ll put good money on it only being top guys with 10 years in the game minimum. I’d love to see the list of WHICH companies are doing it. https://t.co/6cPJyjcFrb
The film and TV production industry is experiencing a shift as productions move away from California to other countries and U.S. states with more favorable tax incentive programs. This trend, known as 'runaway production,' is impacting U.S. workers, with shows like 'Beat Shazam,' 'Name That Tune,' and 'Next Level Chef' being filmed in Ireland, creating over 300 jobs there by mid-2023. A lack of incentives in Los Angeles is cited as a major issue, with networks seeking cost-effective locations. Concurrently, development fees for writers are increasing amid a decline in TV buying, referred to as 'Schmuck Insurance.'
