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No Deal, Yet: Tensions Rise As IATSE & Studios Fail To Seal Basic Agreement Pact, More Talks Planned
The union & the AMPT are going back to the bargaining table with the parties far apart on money
Hollywood may be experiencing some labor déjà vu today as IATSE talks with the studios look certain to go down to the wire with just under two months before the union’s contracts expire. For now, IATSE must step aside for Teamsters Local 399 to begin negotiations, but Deadline hears its possible that the unions may bargain simultaneously in an effort to get both deals done before their contracts expire on July 31. More specifically, the below-the-line unions are seeking larger wage increases than they have agreed to in past contracts, as well as meaningful gains to the pension funds, which have taken several hits over the past few years as work has slowed down due to both the pandemic and historically long, dual strikes.
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