The Theatrical Stage Employees (IATSE) secured major wins at the close of June with announcements of tentative agreements (TAs) on all issues for the Area Standards Agreement and the Basic Agreement.
The latest agreement between IATSE and the Alliance of Motion Picture and Television Producers (AMPTP) for the studios and streamers means that, if members vote for ratification, it will avert another summer of Hollywood strikes. The Basic Agreement TA comes after more than three months of bargaining and includes provisions like a 7% raise in minimums in the first year, followed by raises of 4% and 3.5%, which matches the terms won by SAG-AFTRA last fall.
Other notable victories include increases to overtime compensation, new protections around artificial intelligence and more. The Area Standards Agreement TA came after two days of talks and includes some identical language like the same scaled wage increases and improved overtime compensation as in the Basic Agreement, as well as wins like Juneteenth added as a holiday and improved bereavement leave.
The remaining Hollywood negotiations that need to be settled before the July 31 contract expiration date are the AMPTPās contract talks with the Teamsters.
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