Screen Actors Guild Reaches Tentative Agreements for Successor Contracts to the Basic Cable Live Action, Basic Cable Animation and TV Animation Contracts
Screen Actors Guild today announced that tentative agreements were reached on Wednesday, November 10, on new, three-year contracts covering basic cable live action, basic cable animation and television animation productions.
The current contracts expire on June 30, 2011, and the new three-year agreement will be effective from July 1, 2011, through June 30, 2014.
The provisions of the new agreements are similar to those achieved Nov. 7, on successor agreements to the Screen Actors Guild Codified Basic Agreement for theatrical motion picture and television production.
Highlights of the new, tentative agreements include:
• The term of each agreement is three years, commencing July 1, 2011
• Wage increases of 6% over the terms of the agreements with 2% in each of the three years, effective July 1, 2011, 2012 and 2013
• A 10% increase in the current rate of employer contributions paid to the Screen Actors Guild Pension & Health Plans bringing the total contribution rate to 16.5% effective July 1, 2011
Details of the new agreements will be submitted for approval to the National Board of Screen Actors Guild.
Formal negotiations on these contracts began on Monday, Nov. 8 at AMPTP headquarters in Los Angeles.
More info HERE.