SAG-AFTRA & Producers Reach Tentative New Three-Year Deal On Animated Films

deadline.com:

SAG-AFTRA and the Alliance of Motion Picture and Television Producers won’t be going to the animated mattresses. The union and the studios have a tentative agreement on a new three-year contract extension covering toon features.

The deal basically extends their contract reached in 2020. SAG-AFTRA called it, verbosely, “a tentative agreement on successor agreements to the 2020 Screen Actors Guild-American Federation of Television and Radio Artists Television Animation Agreement and the 2020 Screen Actors Guild-American Federation of Television and Radio Artists Basic Cable Agreement for Animated Motion Pictures.” Details of the deal weren’t announced as SAG-AFTRA leadership will be reviewing the language in the coming weeks.

If they approve the contract, it would be sent to members of the actors union for ratification. Here are some of the key points in the 2020 animation deal between SAG-AFTRA and the AMPTP: • Wage increases of 2.5% in the first year and 3% in each of the second and third years;• A one percentage point increase in employer contributions to the SAG-AFTRA Health Plan, with optional wage diversions in the second and third years that will allow the union to shift 0.5% from the wage hikes to the union’s struggling health plan or to the SAG Pension Plan/AFTRA Retirement Fund;• A 26% improvement in residuals for high-budget animated programs made for subscription streaming services like Amazon and Hulu; and• A reduction of the budget threshold – from $550,000 to $500,000 – that triggers high-budget coverage for half-hour animated programs made for subscription streaming services.

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