The International Alliance of Theatrical Stage Employees and Alliance of Motion Picture and Television Producers have reached a tentative deal on a new Hollywood Basic Agreement and Videotape Agreement.
The agreement caps more than three months of bargaining between the union and the studios. The key provisions include a 7% raise in minimums in the first year, followed by raises of 4% and 3.5%, matching the terms won by SAG-AFTRA last fall.
“We got a deal!” the union announced in an email to members on Tuesday night.
The three-year contract still must be ratified by the union’s membership. The AMPTP still has to negotiate deals with the
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