Friday, February 20, 2009

SAG v. AMPTP

There is still no deal between SAG and the AMPTP. This past week had both parties in a flurry of negotiating. I'm actually not surprised. If their negotiations are anything like traditional negotiations for talent agreements then this could go on forever. The new offer from the AMPTP is at their Web site here

What does all this negotiating mean?

For producers, it means that we are cautious about greenlighting a picture until the negotiations are completed. Why? Because there is still a possibility of a breakdown in negotiating, which could trigger a strike. If SAG is striking then we aren't filming and we are losing money. 

SAG was offering Completion Guarantee contracts for independent projects as long as the independent projects agreed to the changes in the new contract. I have a Completion Guarantee on two of my projects. However, not every project qualifies and I am hearing that SAG may not even be offering anymore of these contracts. 

I said it before and will say it again: Please SAG, don't strike! 

1 comment:

Noah said...

Yup - Guaranteed Completion Contracts are no more...

http://www.filmmakermagazine.com/blog/2009/01/sag-nixes-guaranteed-completion.php