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SAG-AFTRA & Producers Reach Tentative New Three-Year Deal On Animated Films
SAG-AFTRA and the Alliance of Motion Picture and Television Producers have a tentative agreement on a new three-year contract extension covering animated films.
The union and the studios have a tentative agreement on a new three-year contract extension covering toon features. Details of the deal weren’t announced as SAG-AFTRA leadership will be reviewing the language in the coming weeks. • Wage increases of 2.5% in the first year and 3% in each of the second and third years;• A one percentage point increase in employer contributions to the SAG-AFTRA Health Plan, with optional wage diversions in the second and third years that will allow the union to shift 0.5% from the wage hikes to the union’s struggling health plan or to the SAG Pension Plan/AFTRA Retirement Fund;• A 26% improvement in residuals for high-budget animated programs made for subscription streaming services like Amazon and Hulu; and• A reduction of the budget threshold – from $550,000 to $500,000 – that triggers high-budget coverage for half-hour animated programs made for subscription streaming services.
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