Hollywood Strike Averted as IATSE and the AMPTP Reached an Agreement on a New Film and TV Contract

The new three-year contract, which must now be ratified by the union’s members, comes just ahead of the Sunday deadline.

According to IATSE, the International Alliance of Theatrical Stage Employees, the new three-year contract with the Alliance of Motion Picture and Television Producers (AMPTP) includes giving a “living wage: for the lowest-paid earners in the union, improved wages and working conditions for streaming, retroactive wage increases of three percent annually, increased meal penalties, daily rest periods of 10 hours, weekend rest periods of 54 hours.”