You will be redirected back to your article in seconds

Thesp unions OK deal

SAG, AFTRA vote 97% for film-TV pact

HOLLYWOOD — The curtain has come down anticlimactically on this year’s Hollywood labor wars, with members of the two major actors unions giving the new film-TV deal a 97% endorsement.

The contract, which is retroactive to July 1 and runs through June 30, 2004, received 36,876 yes votes and 1,232 no votes, with 55 ballots declared invalid. The voting represented 30% of the 130,292 ballots mailed out three weeks ago to paid-up members of the Screen Actors Guild and the American Federation of Television & Radio Artists, far above the 22% participation level in 1998.

“We are delighted the SAG and AFTRA members recognized the many key improvements in this package, which will undoubtedly put more money in the pockets of middle-class members,” SAG spokesman Greg Krizman said.

Hollywood had been fearful of possible back-to-back strikes by writers and actors, but those concerns for the most part evaporated following the announcement of a Writers Guild deal in early May.

Approval slam dunk

SAG-AFTRA voting ended Friday, but approval had been expected as scant opposition emerged following the July 3 announcement of a tentative pact.

Key gains for actors include the following:

  • Minimums rise 3% in the first two years and 3.5% in the third.

  • Fox Network residuals rise to 80% of the level for the Big Three in the first year, 90% in the second and 100% in the third.

  • Foreign TV residuals are uncapped when sales thresholds are met.

  • Pension and health contributions are increased to 13.5% in the first two years before declining to 13%.

  • Basic cable residuals rise 13% through a revamp of P&H contributions.

  • P&H coverage begins on Internet work.

  • Movies-on-demand residuals will be paid using the pay TV formula.

  • Gains in fees are realized for stunt coordinators and guest stars.

  • Buyout fees for movies will rise.

SAG has not valued out the contract (under the old agreement, members’ reported earnings totaled $1.04 billion last year), but Krizman said the increase will be at least $123 million, or three times the WGA’s increase. “With any type of improvement in the entertainment economy, we’ll surpass that figure,” he added.

SAG prexy William Daniels, citing gains in guest star fees, Fox and cable residuals, said in a message to members, “I can happily say that my principal promise of putting more money into your pockets has come about.”

The next major negotiation will be AFTRA’s network code contract, which is the org’s largest and covers all work done except for primetime on ABC, NBC and CBS. The current pact expires Nov. 15, with negotiations due to start Oct. 16.

More Biz

  • China Video Streaming Giant iQIYI Loses

    Chinese Video Giant iQIYI Loses $1.3 Billion in 2018

    Chinese video streaming firm iQIYI lost over $1.3 billion in 2018, as revenues and subscriber numbers ballooned. The deepening losses reflected ever higher spending on original content production. Announcing its first full-year financials since a March IPO that launched it onto the NASDAQ, iQIYI said that it lost $1.3 billion (RMB9.1 billion) last compared with [...]

  • Lisa Borders Time's Up

    Time's Up CEO Resigned After Son Was Accused of Sexual Assault

    Time’s Up has announced in a statement posted to Instagram that its former president and CEO Lisa Borders, who resigned Feb. 18, did so after her son was accused of sexual assault in a “private forum.” “Within 24 hours, Lisa made the decision to resign as President and CEO of Time’s Up and we agreed [...]

  • Louis Tomlinson Signs With Arista (EXCLUSIVE)

    Louis Tomlinson Signs With Arista (EXCLUSIVE)

    One Direction’s Louis Tomlinson has signed with Arista, sources tell Variety. While the singer was formerly linked with Epic Records in 2017, he is signed directly to Simon Cowell’s Syco label and will move within the Sony Music family to Arista. Tomlinson teased a new single on Feb. 2, posting on Twitter, “Just heard the [...]

  • Jussie Smollett

    Jussie Smollett's Bail Set at $100,000, Must Surrender Passport

    UPDATED: A Chicago judge set a $100,000 bond for Jussie Smollett on Thursday, as the “Empire” actor made his first court appearance. Smollett faces one felony count of filing a false police report. Police allege that Smollett staged a Jan. 29 attack, telling detectives that he was accosted by two men who used racial and [...]

  • Michael Jackson Estate Accuses HBO of

    Michael Jackson Estate Sues HBO for Non-Disparagement Contract Breach

    The estate of Michael Jackson sued HBO on Thursday, accusing the cable channel of violating a non-disparagement clause by agreeing to run “Leaving Neverland,” a documentary accusing Jackson of sexual abuse. The suit seeks to compel HBO to litigate the matter in a public arbitration process, and claims that the estate could be awarded $100 [...]

  • Allison Kaye

    Scooter Braun Names Allison Kaye Partner at Ithaca Holdings (EXCLUSIVE)

    On the back of a history-making debut by Ariana Grande, who claims the top three songs on the Billboard Hot 100 chart this week (tying the Beatles), Scooter Braun has appointed his longtime deputy Allison Kaye to partner at Ithaca Holdings LLC, which houses SB Projects. She was previously president of music at the 12-year-old [...]

More From Our Brands

Access exclusive content