## IATSE Bargaining Negotiations Extended, Aiming for June 27 Resolution
Los Angeles, June 10, 2024 – The International Alliance of Theatrical Stage Employees (IATSE) has announced its intention to extend ongoing contract negotiations with the Alliance of Motion Picture and Television Producers (AMPTP) to June 27th. The extension will provide an additional week beyond the previously scheduled June 20th deadline.
Progress and Sticking Points
While negotiations have progressed on several areas, including provisions related to artificial intelligence (AI) and subcontracting, several key economic issues remain unresolved. Wage increases, funding for pension and health plans, and working conditions are among the outstanding points of contention.
Deadline and Ratification Process
IATSE has maintained its commitment to not extending the contract beyond its expiration date of July 31, 2024. The extension aims to provide sufficient time to reach a comprehensive agreement that addresses members’ concerns. Any negotiated contract will require ratification by union members.
Basic Agreement and Area Standards Agreement
The IATSE contract negotiations encompass both the Basic Agreement, which covers approximately 50,000 workers, and the Area Standards Agreement, covering an additional 20,000 workers in 23 local unions nationwide.
Additional Negotiations
Alongside the IATSE negotiations, AMPTP is also engaged in separate talks with the Teamsters and other Basic Crafts unions whose contracts similarly expire on July 31st.
Implications and Outlook
The outcome of these negotiations will have a significant impact on the entertainment industry. IATSE has emphasized the importance of addressing the economic needs of its members, particularly in light of rising costs of living. AMPTP represents the interests of major film and television studios and networks.
Given the extension and the remaining unresolved issues, it remains to be seen whether a mutually acceptable agreement can be reached by the extended June 27th deadline. The potential for labor action or further extension also remains a possibility if negotiations fail to produce a satisfactory outcome.