The two sides returned to the bargaining table nearly two weeks ago, after IATSE members overwhelmingly voted to authorize a potential strike.
According to the letter, union priorities that were satisfied in the agreement included living wages, better wages and working conditions on streaming projects, 3% annual increases of scale wages that are retroactive, “employer funded benefits” during the course of the contract, higher meal penalties, daily 10-hour turnarounds for all and 54- and 32-hour weekend rest periods. Other features include incorporating Martin Luther King Jr.
More details about the agreement will be available to union members “over the next few days,” the letter adds. If a strike had been called, it would have affected projects produced under the union’s and the AMPTP’s Basic Agreement, Area Standards Agreement and Videotape Agreement, which have all expired, and prompted around 60,000 workers to withhold their
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