Hollywood Union Reaches Tentative Agreement With Major Studios, Avoids Strike

Published on June 26, 2024

Behind-the-scenes entertainment workers in Hollywood reached a tentative three-year agreement with major studios June 25, averting another industry strike. The agreement between the International Alliance of Theatrical Stage Employees (IATSE) and the Alliance of Motion Picture and Television Producers (AMPTP) ends more than three months of negotiations and includes pay raises, new streaming residuals, and health plan benefits. The union’s announcement is expected to calm industry fears about another strike on the heels of last year’s double strike by writers and actors. The current contract was due to expire on July 31. The basic agreement, which must still be approved by union members, covers about 50,000 entertainment industry workers in 13 local unions. The largest of the unions represented include the Cinematographers Guild, Motion Pictures Editors Guild, and Art Directors Guild....

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