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

In a statement about the deal, IATSE international president Matthew Loeb said, “This is a Hollywood ending.” He added, “Our members stood firm. We are tough and united.”

by morty
October 16, 2021
in TV News
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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.”

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