July 9, 2017
By Steven Wishnia and Neal Tepel
Hollywood, CA – Just as the sun rose over the Pacific Ocean on July 4, SAG-AFTRA and the Alliance of Motion Picture and Television Producers reached a tentative agreement on a new three-year contract, averting a threatened strike by film and TV actors.
The deal will increase their pay and benefits by an estimated $256 million, 28% more than the union’s 2014 contract, which expired June 30. According to The Hollywood Reporter, it will give actors annual raises of 2.5%, 3%, and 3%, similar to the pay increases achieved by the Directors Guild and the Writers Guild. Actors will have to contribute an extra 0.5% of their wages to help fund their pension plan, at least in the deal’s first year. A key issue for SAG-AFTRA was getting more freedom for actors on short-season series, where producers often demand exclusive rights to their services; the deal provides improvements on that issue, but neither side would reveal more specific details before it goes to the members for ratification. Read more
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