UPDATE: 12:30 PM — Updated with response from WGA
CAA on Monday signed a version of the franchise agreement with the Writers Guild of America that could see the agency end packaging fees, according to a memo sent out to its employees.
The agency has been in a stalemate the guild for more than a year over the practice, which led to CAA not representing Hollywood writers.
“Today, we signed the same deal the WGA made with ICM several weeks ago. We delivered the signed agreement to the WGA, and we assume that it will be circulated to the appropriate members of the negotiating committee, as well as the membership, shortly,” the agency said in a statement.