Hollywood Reporter: Without apparent input from indies, the major studios and IATSE agreed to a provision that appears to hike residuals for small-budget producers while leaving majors untouched.
Independent producers may find themselves paying more in residuals to the pension and health fund of a key Hollywood union as a result of a new and previously undisclosed provision of a deal ratified last month, The Hollywood Reporter has learned.
1 comment:
This article presents a very interesting predicament and one that many unionized groups have faced. I’m trying to see things from both sides of the story here. IATSE is, by enacting this change, guaranteeing more consistent pay for its members. But for those in the independent entertainment industry, this makes it much more costly to produce their product. It’s an interesting situation, since this arrangement doesn’t really affect the bigger names in the entertainment industry. So, in theory, IATSE must have faced problems with smaller, independent endeavors in order to feel the need to enact these policies. I feel like neither group may be ‘at fault’ per say, but I definitely feel that representatives from the independent section of the industry should be present at negotiations that affect them so directly. Although, I can imagine with a group of independent organizations it can be hard to unify and/or elect representatives, but that doesn’t mean the effort shouldn’t be made. I hope this issue get sorted in the cleanest, fairest way possible.
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