WGA releases details on Letterman pact

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The Writers Guild of America tonight released the terms of deal it recently struck with David Letterman’s production company, Worldwide Pants Inc. The interim agreement allowed ‘Late Show With David Letterman’ and its sister program ‘The Late Late Show with Craig Ferguson’ to return to the air with their writing staffs this week. Worldwide Pants is the first company to negotiate a contract with the guild in the two-month-old writers strike. The guild said Worldwide Pants accepted terms it was prepared to present to the studios before that alliance broke off talks in December, including key proposals for Internet residuals.

More news on the strike