Saturday, October 06, 2007
Producers and Union Move Closer in Contract Talks
Playbill News: "The League sent out a statement at 12:30 AM Oct. 6 saying, 'Talks between The League of American Theatres and Producers and Local One concluded a short while ago. The parties have agreed to meet again on Tuesday, October 9.'"
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2 comments:
It's great that they came to a conclusion of some sort. I have been wondering what kind of agreement they might come up with. It's interesting that they came into the midpoint of both of their needs. It will be very interesting to see what kind of economical result they will have after changing their policies.
It's good that the union realized they needed to compromise on the load in labor contract terms. Unions were formed to protect the workers from unfair employment practices and now have a lot of power in some cases. But with great power comes great responsibility. Just because you can strike doesn't mean you should. The IATSE realizing that the producers are willing to lose money over a few days of a strike in exchange for saving money on every subsequent load in and therefore deciding to compromise on the contract stipulations was the only reasonable conclusion that could be reached.
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