Negotiators for the Screen Actors Guild and the American Federation of Television and Radio Artists have reached a tentative agreement with industry reps on a three-year successor deal on industrial and educational broadcast material.
The contracts were set to expire on April 30. If ratified, the pacts will be effective from May 1 to April 30, 2014. Deals cover work in sales programs, educational and training videos, informational and promotional messages seen in stores and video included in some consumer products,
The tentative deal was reached Wednesday with SAG and AFTRA announcing it on Thursday. The new agreement includes a 2% increase effective on May 1 and another 2% increase on Nov. 1, 2012 along with a bump from 15.3% to 15.5% in employer contributions to the AFTRA Health and Retirement Funds and the SAG-Producers Pension and Health Plans.
Additionally, the pacts will include “new media” in areas of jurisdiction. And the contracts have been renamed the AFTRA National Code of Fair Practice for Corporate/Educational Recorded Material and the Producers-SAG 2011 Codified Corporate/Educational Contract.
The unions said details regarding final approval and ratification will be announced soon.