IATSE & Studios Close To Basic Agreement Deal, But Sticking Points Remain

deadline.com:

EXCLUSIVE: Negotiations between IATSE and the AMPTP are expected to go late into the night Thursday as the two sides near a new three-year deal for LA Locals, but they still have some distance left to run.  “It’s looking good, close, but nothing’s sealed up yet,” a studio source close to the talks tells us.

After just over two weeks of direct talks between IATSE and the studios on a new Basic Agreement contract for the members in the City of Angels and surrounding region, job security for members of the Matt Loeb-run union remains a significant sticking point, we hear.

Stung by backlash over the last contract back in 2021 and a much closer-than-desired margin of victory on that deal’s ratification, IATSE leaders are determined this year to bring home a near “bulletproof” agreement, as one union insider put it.

In a multi-talks process among multiple Guilds that started on March 4, IATSE has set a deadline of midnight tonight a.k.a. May 16 for this latest round.