IATSE and studios reach area standards agreement

IATSE and the Alliance of Motion Picture and Television Producers said Thursday they have reached a tentative agreement on all issues related to the Area Standards Agreement, a companion contract to the basic agreement that received its own tentative agreement Tuesday night.

The recent agreement between the union, studio representatives and broadcasters means that pending ratification, there will be no strike at the IATSE this summer.

“Members and signatories will have the opportunity to review the agreement in the form of a detailed summary in the coming days, followed by a memorandum of understanding at a later date,” the two sides said in a joint statement today.

The news comes after the two sides Tuesday night reached an agreement on the basic agreement more than a month before that contract expires, which covers about 50,000 members from 13 local unions on the West Coast based primarily in Los Angeles.

The initial agreement on the region’s standards agreement came after two days of talks. The agreement represents 23 IATSE locals across the country and their 20,000 members.

What remains of the clean sweep of Hollywood labor deals are AMPTP contract talks with the Teamsters. These negotiations are expected to intensify again before the current contract expiration date of July 31. It is unclear how far these negotiations have progressed, but both IATSE and Teamsters have previously indicated they are not interested in extending their contracts beyond this date to accommodate further talks.

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