Turner Broadcasting is taking a minority stake in Funny or Die, the producer of online comedy videos that was founded by Will Ferrell, Adam McKay and Chris Henchy.
The investment will link up Funny or Die with two Turner brands on television: TBS, which is known for sitcoms, and Adult Swim, which shares channel space with the Cartoon Network ...
New media and older media come together ... to reinforce one another?
The Animation Guild, like every other entertainment union, has a "New Media" sideletter in its contract. This is fine as far as it goes, but with the line continually blurring between "old" media and its newer cousin, where does each begin? And end?
The question is important because guilds and unions have negotiated pension and wage breaks for new media work, which means there is a nice, neat loophole out there in the wider world that negatively impacts animation employees.
The studios continue to say that product on the internet doesn't make them much money, therefore the cost break is deserved. But what happens when the work, created at bargain rates, migrates to cable and broadcast platforms and garners higher fees? What then?