IATSE president Matthew Loeb said Wednesday that ongoing contract negotiations with the Alliance of Motion Picture & Television Producers have reached a “critical juncture,” and that “if the me…
IATSE leaders say that these negotiations are unlike any that have gone before – not only because the talks are being conducted in the midst of a global pandemic and that the growth of streaming content has changed business models dramatically, but also because, they say, the concentration of power among the “mega-corporations” they’re dealing with has made bargaining all the more difficult.
The AMPTP, he said, “consists of some of the richest corporations on the planet, which have earned record profits on the backs of our labor due to the unprecedented growth of video content streaming.” “There may come a point when we as members of the IATSE are asked to give authorization to use the ultimate weapon which is the withholding of our talents and labor,” Davis said in a Labor Day message to his members. “If we find ourselves at that point each and every member will have a voice on that question. There has been chatter on sets and on social media about a strike vote.
“People who work in the entertainment industry are fortunate and IATSE crew members are no exception,” the source told Deadline. “IATSE members have good jobs. The average hourly rate paid to IATSE employees is $57.99 and the average hourly scale rate is $48.45 per hour. Annualized at 40 hours per week, that’s $120,619 and $100,776, respectively.” And that doesn’t include the vast amount of overtime that has become the norm – which the union wants to see less of.
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