For a time, the actors were on strike at the same time, but they had returned to work before the writers reached a compromise with the movie companies.
The conflict was about writer's right to receive a share of revenue of the studios from the lease or sale of movies to television.
Seven of the eight major studios struck a deal: Allied Artists, Columbia, MGM, Paramount, Twentieth-Century Fox, Walt Disney, and Warner Bros. The eighth, Universal International, had reached an agreement before the strike broke out. The settlement included having the studios pay into the writers' pension and health funds in the amount of $600,000. They also agreed to give 5% of the studio's income from movies pre-1960 which were on television. On post-1960 movies, writers got 2% of income. If the film was shown on pay-tv, they would not receive additional income. The minimum rates were also increased to $350 a week and writers would get a 10% raise for the first two years and then 5% for the next year... Read More