Hollywood has dodged a damaging strike as the International Alliance of Theatrical Stage Employees (IATSE) agreed with the Alliance of Motion Picture and Television Producers (AMPTP) on improved working conditions in the sector.

With a deadline just hours away for a strike that threatened to bring US productions to a halt, the organisations agreed a new three-year deal over the weekend.

The new ‘Basic Agreement’, includes improved wages and working conditions for those working on streaming productions, living wages for those at the bottom of the pay scale, 10-hour turnaround times between shifts and increased funding towards health and pension plans.

Other posts by :

1. Eutelsat share price rockets
2. AST SpaceMobile recovers after Verizon agreement
3. Bank has mixed messages for AST SpaceMobile
4. EchoStar clears key regulatory hurdles for Starlink deal
5. Starlinks falling to Earth every day
6. 650 Starlink D2C craft in orbit
7. Bank upgrades SES to ‘Buy’
8. Eutelsat shareholders reach agreement at AGM
9. Ghana makes MultiChoice fee decision

Categories: Articles, Content, Policy, Production

Tags: Hollywood, usa