Low Budget Agreement

Every three years, IATSE and AMPTP ratify the IATSE Low Budget Theatrical Agreement. To help you prepare for budgeting, crew hiring, and discuss the benefits for your future productions, we`ve outlined the latest changes at the primary level, salary, marginal rate, and positions. The parties made efforts to adjust the stages of the low-budget agreement so as not to undermine the agreements of the IATSE majors and approved new budgetary steps. The result reflects the economic realities of the world of independent production. As regards wages and social benefits, increases in line with sectoral practices were recorded. New provisions on the media have been added to the agreement. Several jurisdictional issues have been resolved in order to clarify the existing jurisdiction of IATSE. — If you are interested in announcements and updates to make cinema on a budget, log in to the saGindie e-mail newsletter. The first new agreement is the Low Budget Project Agreement (UPA). This will completely replace the previous ultra-low budget agreement and replace the Special New Media Agreement for non-episodic productions with a budget of less than $US 300,000. Some highlights of the UPA are as follows: The low-budget agreement is only used at the request of the author, and the company must also submit the required low-budget agreement documents and the signatory`s documents.

If the terms of the agreement are included in a personal agreement, but no additional documents of the low-budget agreement are submitted and approved by WGAW, the author is not sure whether the low-budget agreement applies to the project. The low-budget agreement is now called the “Low Budget Theatrical Agreement” (“LBA”) and the prices of the daily and weekly major players are set at 65% of the scale of the basic agreement and increase each year with the scale (daily rate of 653 USD and weekly price of 2267 USD to 30.06.20). The AMLA remains limited to projects with a first theatrical launch, with budgets of more than 700,000 $US, but no more than 2,000,000 $US. A variety of casting incentives will remain available. The low-budget deal allows authors to write and sell a feature film narrative script under the protection of the Writers Guild when the film`s budget is close to or less than $1.2 million. The best time to contact the guild is before you buy a script or when an author is hired to write a screenplay. Notice to independent producers: SAG-AFTRA has announced two new agreements for low-budget projects, in addition to updating existing agreements. These amendments will come into force on February 1, 2020.

For more information, visit the SAG-AFTRA Production Center. __. In line with its strategy, which entered into negotiations, the Union has obtained contractual language and assurances to improve the quality of life. The contract provides, among other things, for a ceiling of fifteen hours per day of production or three times the scale rate. This encourages production companies to manage their production time in a way that respects the safety of the crew. . If you submit documents, contact the signatories, contracts and agency administrator Rochelle Rubin at 212-767-7837 or by email…

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