Results tagged “moviestudios”

SAG Approves Contract with Movie Studios

Finally. "The nine-month stalemate between the Screen Actors Guild and producers came to an end Tuesday night as SAG members overwhelmingly voted to approve the union’s new TV/theatrical contract with the AMPTP. The final tally: 78 percent voted 'yay', and 22 percent voted 'nay'," reports the The Warp. "The contract includes a 3 percent wage increase, a .5 percent increase in pension and health contributions and residuals for new-media work similar to the guild’s home-video residuals."

The movie studios, represented by the Association of Motion Picture and Television Producers (AMPTP), published an ad this weekend accusing the actors of demanding more than all the other unions that have come to agreements with the group. In a statement, they said actors are "demanding that the entire industry literally throw out all its hard work because it believes it deserves more than the 230,000 other working people in the industry."

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