ahhhhh, good times.
Mar. 28th, 2006 10:33 pmSAG AUTHORIZES STRIKE AGAINST CABLE PRODUCERS
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By an overwhelming margin, members of the Screen Actors Guild (SAG) have authorized their leadership to call a strike if it is unable to reach agreement with producers on a new contract covering TV programs produced for basic cable. Last week, Nicholas Counter, president of the Alliance of Motion Picture and Television Producers (AMPTP), slammed the union leadership for the strike authorization request, saying that the AMPTP had already made a generous offer.
from the showbizdata.com newsletter
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Date: 2006-03-29 07:11 am (UTC)no subject
Date: 2006-03-29 07:24 am (UTC)no subject
Date: 2006-03-29 07:29 am (UTC)Under their current basic cable agreement, actors are paid 12% of the minimum pay for the first rerun, down to 1% for the 13th and later reruns.
Producers have offered to pay 17% for the first rerun down to 1.5%, matching the residual pay formula used by the Directors Guild of America and the Writers Guild of America.
SAG, however, contends that the offer falls short, given the dramatic growth in the cable industry.
"Actors have been waiting 16 years for an improvement to the residuals formula in a basic cable business that has seen a 500% growth over the same period," Oster said.