The Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP) have reached a tentative deal on a new film and TV contract. Negotiations reportedly continued hours after the contract expired at midnight Wednesday.
Both THR and Variety report the contract will now go to the WGA board for ratification before being sent to members for a vote. Details on the contract will not be disclosed until and unless it is approved.
The agreement comes after months of delays between the WGA and AMPTP. Talks were initially set to take place in March, but were forced to postpone due to the COVID-19 pandemic. The two sides agreed to extend the expiration of the existing contract from May 1 to June 30 while a new date for remote negotiations was discussed.
Also Read: SAG-AFTRA Board approves agreement with AMPTP
The goals listed by the WGA included higher streaming residuals, improved pension and health contributions, parental leave, and the inclusion of foreign box office in film residuals for the first time in industry history. It’s unclear how many of these
WGA is the final major guild to come to terms with the AMPTP for this cycle of contract negotiations. On Monday, the SAG-AFTRA national board approved its contract with AMPTP by a two-thirds majority, sending it to members for a final approval vote.
The union achieved a 26% increase in fixed streaming residuals over the first three years of availability for high-budget programs on subscription-based streaming platforms such as Disney + and Netflix, including increases to the ceilings that cap the amount of performer compensation included in residual calculation.
The SAG-AFTRA agreement also established new rules for nude and sexual scenes in productions, adding to the new set of protections for actors engaging in on-camera intimacy.
SOURCE: TheWrap
