A Deal, Tentatively
This was sent early this morning to membership. The delay in publishing the deal points, we’ve learned, was because the companies dragged their feet enshrining some of the final details in an attempt to renege on some of what they had promised. The last-minute fight to keep that from happening took until late last night.
Letter From The Presidents With Deal Summary
To Our Fellow Members,
We have a tentative deal.
It is an agreement that protects a future in which the Internet becomes the primary means of both content creation and delivery. It creates formulas for revenue-based residuals in new media, provides access to deals and financial data to help us evaluate and enforce those formulas, and establishes the principle that, “When they get paid, we get paid.”
Specific terms of the agreement are described in the summary at [this link (PDF)], and will be further discussed at our Saturday membership meetings on both coasts. At those meetings we will also discuss how we will proceed regarding ratification of this agreement and lifting the restraining order that ends the strike….
Over these three difficult months, we shut down production of nearly all scripted content in TV and film and had a serious impact on the business of our employers in ways they did not expect and were hard pressed to deflect. Nevertheless, an ongoing struggle against seven, multinational media conglomerates, no matter how successful, is exhausting, taking an enormous personal toll on our members and countless others. As such, we believe that continuing to strike now will not bring sufficient gains to outweigh the potential risks and that the time has come to accept this contract and settle the strike.
Much has been achieved, and while this agreement is neither perfect nor perhaps all that we deserve for the countless hours of hard work and sacrifice, our strike has been a success…..
Fingers crossed here, that the studios don’t try to renege again.