The Alliance of Motion Picture and Television Producers (AMPTP) and the International Alliance of Theatrical Stage Employees, Moving Picture Technicians, Artists and Allied Crafts (IATSE) have reached a tentative agreement on terms of a new three-year Hollywood Basic Agreement.
The new agreement will become effective on Aug. 1, 2015 and expires on July 31, 2018. Terms of the agreement are not being released at this time.
In response to the tentative agreement, IATSE International President Matthew D. Loeb stated, “I am pleased we were able to reach an agreement that provides industry stability and meaningful terms and benefits to the membership.”