SAG-AFTRA Approves Commercial Production Contract
April 26, 2013 at 6:34 AM (PT)
The SAG-AFTRA National Board of Directors met in LOS ANGELES APRIL 20th and 21st and took action on several items including approval of the recently negotiated commercials agreements, an operational restructuring plan, and multiple governance and administrative matters.
The National Board unanimously approved the deal reached with the ad industry APRIL 7th on new television and radio commercials contracts.The contracts will result in $238 million in wage increases and other payments for all categories of performers, improvements in cable use fees, increases in payments for work on the Internet and new media platforms, and an increase in the late payment fee. Formal negotiations between SAG-AFTRA and the advertising industry began on FEBRUARY 14th and concluded APRIL 6th.
"This is a great deal for SAG-AFTRA members. We made important gains on these contracts that provide our members with the solid foundation they need to sustain their careers and families," said National Co-President and Commercials Negotiating Committee National Chair ROBERTA REARDON. "I am very grateful to our negotiating committee which came together and worked as one to ensure a strong contract for their sisters and brothers who work in the commercials area."