Hollywood Crew Members Secure Tentative Agreement with Major Studios

Entertainment | June 26, 2024, 7:54 a.m.

After months of negotiations, a tentative contract deal has been reached between film and TV crew members represented by IATSE and major Hollywood studios. The deal, which spans three years and covers 50,000 craftspeople in Los Angeles, includes updates to pay, benefits, work-life balance, job security, subcontracting, streaming residuals, and AI guidelines. Key provisions of the deal include wage increases, triple-time pay for long workdays, and protections against AI-related displacement. The deal must be ratified by the union membership before officially taking effect. The negotiations, which concluded before the contract's expiration, come after recent strikes by actors and screenwriters. The industry faced challenges due to production shutdowns, but the resolution now offers hope for a smoother future in film and TV production.