The National Board of Directors of Hollywood’s major acting union Monday approved a tentative three-year contract agreement with television and film producers by a more than 2-1 margin.
What SAG-AFTRA described as a “record-breaking” $318 million was approved 67.61%-32.39% by the board, which recommended its members vote yes to ratify the contacts with the Alliance of Motion Picture and Television Producers covering motion picture, television and new media production.
“I am thankful to the board for its approval and recommendation of this agreement,” union president Gabrielle Carteris said. “This deal represents the needs and interests of our members as they shared them with us during our national Wages and Working Condition meetings held across the country.
“First and foremost, we achieved a 26% increase in streaming residuals. In addition, a terrific wage package and an outsized increase in SAG-AFTRA Health Plan contributions. I am confident that this future-focused agreement is the strong foundation we need to evolve with the significant changes in our industry and our employers’ business models.”
According to the union, the proposed deal includes wage increases of 2.5%, 3% and 3% over the next three years, changes in how overtime is calculated for weekly stunt performers and improved “notice and consent requirements” for principal and background performers in nude or sex scenes.