The AP calls the new contract proposal from the studios to the WGA a sweetened offer.  The United Hollywood blog says otherwise.

That big, amazing proposal that the companies hinted to Nikki Finke was coming? Well, it came.

Turns out their exciting, groundbreaking proposal is… a residual rollback. And not just any rollback, one of the biggest in the history of the Guild. Then, stunningly, the companies have the balls to say their plan gives us more compensation. Well, I’m sorry, but If you take away a dollar and give me a nickel, the nickel ain’t a raise. Somewhere, Nick Counter’s first-grade math teacher is embarrassed […]

When an hourlong episode of television is streamed on the Internet, writers would get a flat $250 payment for one year of reuse. That’s $250 as opposed to, for example, $20,000 per episode when it’s reused on network television. They proposed nothing new on downloads, it’s still the DVD formula for those (ie. two-thirds of a penny for an iTunes download). For theatrical movies, they’re offering exactly $0.00 on streaming. Oh, and they want to be able to define any content they like as “promotional” — for which they would pay zero dollars. Even if they stream an entire film or tv episode, and even if they sell ads on it, they can call that promotional and pay us nothing.

Looks to me like the AMPTP responded to the positive public opinion generated by the writers by trying to get public opinion on their side over their “generous offer,” and subsequently call the writers “whiners” or something when they refuse to accept it.  With the information out now, that’s not likely to happen.