SAG eases low-budget guidelines

Guild hopes changes will encourage filmmakers to use contracts

The Screen Actors Guild today announced it has eased restrictions on some of its low-budget film contracts, with the goal of encouraging more work for its members.

“The catalyst for these changes was feedback SAG received from the hundreds of producers and SAG members who have worked under our agreements,” said Richard Herd, chair of the Guild’s low budget task force. “It is our hope that these modifications will encourage even greater numbers of filmmakers to use SAG contracts and draw upon the SAG talent pool.”

The changes include establishment of a standard residual structure in the experimental, limited-exhibition and modified low-budget agreements; boosting the cap in modified low-budget films from $500,000 to $750,000 if the film meets diversity casting requirements; and bumping the ceiling for the $2 million low budget agreement to $3 million for qualified productions that conform to diversity casting guidelines.

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