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The International Alliance of Theatrical Stage Employees (IATSE) has reached a tentative agreement with the Alliance of Motion Picture and Television Producers (AMPTP), averting another Hollywood strike.
Both sides had been bargaining for more than three months.
While a complete summary of the agreement is expected in the coming days, some of the proposed changes included in the agreement are scale rate increases of seven, four and 3.5% over three years, IATSE officials said in a release. Hourly workers are set to receive triple pay when any workday exceeds 15 elapsed hours, and all on call employees will now receive double time on the 7th day of the workweek.
“The tentative deal includes new protections around artificial intelligence, including language that ensures no employee is required to provide AI prompts in any manner that would result in the displacement of any covered employee,” the release read. “These changes in the basic agreement are in addition to the tentative agreements reached in the local agreement negotiations.”
The tentative deal includes additional funding for the Motion Picture Industry Pension and Health Plans that will address the $670 million funding gap, IATSE said, including new streaming residuals. In addition, officials confirmed that no participant will incur a break in service for their 2023 plan year.
Now that a provisional agreement has been reached, it must be ratified by the unions’ membership. Members and signatories are set to review a detailed summary within days, and a Memorandum of Agreement is expected in two weeks.
The IATSE labor union represents over 170,000 technicians, artisans and craftspeople in the entertainment industry, including live events, movie and television productions, broadcast productions and trade shows in the United States and Canada.
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