Is the deal good enough to go through? We've been covering the IATSE negotiations with AMPTP since they began a few weeks ago. With the strike looming for today, IATSE and AMPTP struck a deal over the weekend. Now, IATSE members must vote on whether or not to accept it. Here are some of the key elements IATSE was able to include in the deal: Achievement of a living wage for the lowest-paid earnersImproved wages and working conditions for streamingRetroactive wage increases of 3% annuallyIncreased meal period penaltiesDaily rest periods of 10 hours without exclusionsWeekend rest periods of 54 hoursMartin Luther King Jr.’s birthday holiday added to the scheduleAdoption of diversity, equity, and inclusion initiatives IATSE President Matthew Loeb said in a statement, “This is a Hollywood ending. We went toe to toe with some of the richest and most powerful entertainment and tech companies in the world, and we have now reached an agreement with the AMPTP that meets our members’ needs.” With all this good news, why wouldn't they ratify it? Read More...
Published By: NoFilmSchool - Monday, 18 October, 2021