WGA. Avatar. J.J.

The WGA reached a 4-year deal with the AMPTP this weekend. We now have terms. Minimum payments will rise by up to 10% over 4 years. $321M added to the Health Fund. Stronger AI licensing rights. New TV protections on if/come deals, plus richer streaming residuals and larger viewership bonuses. Read the full terms here.

It’s possible that future Avatar sequels will be made for less money. Fire and Ash had a $500M budget ($350M production, $150M marketing), and made $1.4bn, much less than the first film ($2.9bn) and the second film ($2.3bn). The duration may also become shorter than the 3hr+ runtime average of the Avatar trilogy.

Paramount Global Publishing marks the company’s latest expansion, transforming its extensive IP library into books and other projects. The move feels both strategic and inevitable, with the book industry offering a pipeline of original ideas and built-in fan bases.

J.J. Abrams’ production company Bad Robot is downsizing. Last week, the company revealed that it was shutting down its L.A. office after more than 20 years of operation. The company is relocating to New York.

Mighty Morphin Power Rangers legend Arne Olsen dies at 64. Along with writing the Mighty Morphin Power Rangers: The Movie (1995), his credits include Cop and a Half (1993) and Here’s to Life! (2000).

One of Matthew Perry’s drug dealers, Jasveen “Ketamine Queen,” has been sentenced to 15 years in prison. She had faced up to 65 years in prison.

AMC Networks is now called AMC Global Media.