SAG-AFTRA and the Alliance of Motion Picture and Television Producers have reached a tentative agreement for a three-year TV animation contract
, which would cover animated programs produced for network TV, basic cable and streaming platforms.
Specific to work for subscription streaming services, the tentative deal includes a 26 percent rise in residuals for "high-budget" animated programs; and a reduction to the budget threshold that triggers "high budget" coverage for half-hour animated programs from $550,000 to $500,000," according to SAG-AFTRA.
The tentative deal includes a wage increase of 2.5 percent in the first year, 3 percent in the second year, and 3 percent in the third. The deal would offer a 1 percent increase in the contribution rate to the SAG-AFTRA Health Plan and optional wage diversions in year 2 and 3 that allow the union to shift 0.5 percent from the wage increase to the contribution rate for the Health Plan or the SAG Pension Plan/AFTRA Retirement Fund.
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