The IATSE union and studios have reached a tentative agreement on a new contract, averting the possibility of another “Hot Labor Summer” in Hollywood.
The deal, announced on Tuesday evening, comes just two days into renewed talks between the parties. IATSE leaders have notified their members across 13 Locals in Hollywood, highlighting key gains in the agreement.
The new contract includes wage increases, protections against AI exploitation, enhanced pension and health plans, and strengthened safety measures and crew well-being provisions, including increased penalties for extended workdays. These gains demonstrate the union’s commitment to prioritizing its members’ needs and well-being.
The agreement covers approximately 50,000 members of the 13 West Coast Locals, with a separate Area Standards Agreement still being negotiated for 23 Locals nationwide, representing 20,000 members.
The successful negotiation of this contract bodes well for the industry, potentially ushering in a rare period of labor peace after a tumultuous year marked by the pandemic, strikes, and business challenges. The joint statement from IATSE and the Alliance of Motion Picture & Television Producers signals a positive step forward for the industry.
Both parties have shown a willingness to collaborate and address pressing issues, setting a promising precedent for future negotiations. As the industry continues to evolve, this agreement demonstrates a commitment to supporting the workers who are essential to its success.
With the IATSE contract in place, attention will now turn to the Area Standards Agreement, which will impact members across the country. A smooth resolution to these negotiations could bring a sense of stability to the industry, allowing professionals to focus on their craft without the uncertainty of labor disputes.
As the industry looks to the future, this agreement offers a promising sign of what can be achieved through collaboration and a commitment to prioritizing workers’ needs.