SAG-AFTRA has reached a tentative agreement with the Alliance of Motion Picture and Television Producers on a three-year deal covering TV animation. The deal, announced on Monday, covers animated p…
The deal, announced on Monday, covers animated programs produced for television, including network TV, basic cable and streaming platforms.
Those gains include wage increases of 2.5% in the first year, 3% in the second year and 3% in the third year; a 1% increase in the contribution rate to the SAG-AFTRA Health Plan and optional wage diversions in years two and three that allow the union to shift .5% from the wage increase to the contribution rate for the SAG-AFTRA Health Plan or the SAG Pension Plan/AFTRA Retirement Fund.
The key concession was changing the broadcast syndication residual from a fixed residual to a revenue-based residual at 6% of distributor’s gross receipts — the same formula that applies to content moving to basic cable.
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