Handel Catches One Everyone Else Missed: AFM Inks New Theatrical/TV Contracts
The deals between the Musicians and the AMPTP was actually negotiated several weeks ago. Jonathan Handel has the first word on them, and likely will have more analysis as the deal points are made public.
The AFM website doesn’t offer much detail yet, but says:
The Agreements grant the Federation jurisdiction over productions made for New Media, significantly increase contribution rates into the Film Musicians Secondary Market Fund for traditional product exhibited in New Media, provide a new income stream when music is used in New Media other than in New Media productions, protect musicians’ health benefits at a time of increasing pressure on those benefits, and increase wages over the term of the Agreements. At the same time, we were able to resist successfully significant AMPTP efforts to undercut many longstanding protections contained in the Agreements.
Ratification votes are underway.
Sounds like good news for SAG and AFTRA.