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Writers March on Wall Street
Picketing Hollywood's money machine
By Peter Fearon
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Posted Nov 14, 07 2:49 AM CST
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(Newser)
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Striking writers waving banners marched on Wall Street to complain that the nation's media giants aren't sharing the wealth from online content. The Writers Guild of America targeted CBS, Disney, Viacom Inc., which owns Comedy Central and MTV; News Corp., owner of the Fox TV and film studios, and others
The writers, on strike for over a week, are demanding residuals for movies and TV programs distributed on the web. Corporate chiefs "brag to Wall Street about how much money they are making through new media, but cry poverty to the writers who are making them rich," said a flier handed out near the New York Stock Exchange.