By now you probably know a LITTLE about the WGA (Writer’s Guild of America) strike that has stopped production of your favorite television shows. What you may NOT know is all of the various ins and outs of what’s been going on between the WGA and the AMPTP (American Motion Picture and Television Producers).

Basically, the Writers would like to be better compensated for the sales of DVDs, and would like a fair share of revenue from internet content (iPod downloads, streaming media, etc). There are other concerns as well, but these two are the major sticking points, as the AMPTP claims that they make no money from online content, and that the demands of the WGA will ultimately cost too much money.

Here is an update on the last 30 days of activity. Chiefly interesting is the continued announcements about newly formed online content storefronts (designed to make no money? I think not) and the incredible contracts offered to studio executives. Keep in mind that this link is not ALL of the news… it’s news written from the WGA perspective.