Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Hollywood film-crew union reaches tentative deal, averting strike

WorldOct 17, 2021 04:55AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: The adorned windows of the car belonging to script coordinator Amy Thurlow, a member of the International Alliance of Theatrical Stage Employees (IATSE) Local 871 since 2018, are pictured the day after 90% of its members cast ballots and more

By Lisa Richwine and Bhargav Acharya

LOS ANGELES (Reuters) - A union that represents about 60,000 behind-the-scenes workers in film and television reached a tentative deal with producers on Saturday, averting a strike that threatened to cause widespread disruption in Hollywood, negotiators said.

The International Alliance of Theatrical Stage Employees (IATSE), which includes camera operators, make-up artists, sound technicians and others, said negotiators agreed to a new three-year contract.

"This is a Hollywood ending," Matthew Loeb, president of the union, said in an emailed statement. "Our members stood firm. They're tough and united."

Shutdowns from the COVID-19 pandemic had caused a production backlog that led to crews working up to 14 hours a day to feed programming to streaming services.

The union had threatened to strike starting Monday if it was unable to reach an agreement with the Alliance of Motion Picture and Television Producers (AMPTP).

A strike would have shut down film and television production around the United States in the biggest stoppage since the 2007-2008 strike by Hollywood screenwriters. It would have hit a wide range of media companies including Netflix Inc (NASDAQ:NFLX), Walt Disney (NYSE:DIS) Co and Comcast Corp (NASDAQ:CMCSA).

IATSE was seeking to reduce working hours and raise the pay of members who work on shows for streaming platforms, where lower rates were set 10 years ago when online video was in its infancy.

IATSE, in its statement, said the proposed contract addresses those issues, including rest periods, meal breaks, a living wage for those on the bottom of the pay scale, and significant increases in compensation to be paid by new-media companies.

The new labor agreement is subject to approval by IATSE's membership.

Hollywood film-crew union reaches tentative deal, averting strike
 

Related Articles

Notable quotes from the Reuters Next conference
Notable quotes from the Reuters Next conference By Reuters - Dec 01, 2021

(Reuters) - Reuters Next is hosting three days of interviews, panels and presentations with 150+ global leaders discussing the biggest business, social and environmental...

EU seeks to forge new global trade rules with U.S
EU seeks to forge new global trade rules with U.S By Reuters - Dec 01, 2021

By Philip Blenkinsop BRUSSELS (Reuters) - The European Union has experienced a "breakthrough year" with the United States even if not all trade irritants are gone and now wants to...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email