Despite major improvements won, the fight for streaming residuals will continue
After more than two years of tough negotiations, musicians have reached a tentative agreement with major film and television studios that includes many substantive improvements and no significant concessions — yet still does not include residuals for work on made-for-streaming films and episodic TV shows.
Members of the American Federation of Musicians have been negotiating a new contract with major studios including Disney, CBS, MGM, Paramount, NBCUniversal, Sony and Warner Brothers, and the newly proposed contract features several major improvements for musicians. For the first time in history, musicians will receive screen credits when they perform on theatrical and streamed film scores. Also for the first time, the proposed deal establishes fair wages and conditions for high-budget shows made for streaming platforms. Continue reading