The Directors Guild’s tentative agreement for a new film and TV contract “is the biggest we’ve ever negotiated” and “is almost double what we got last time,” former DGA President Paris Barclay says in a new video posted on the guild’s website featuring members touting the deal.
Barclay, currently the DGA’s secretary-treasurer, served as president from 2013-2017. He also co-chaired the guild’s Outreach Team that supported membership awareness and engagement going into the contract negotiations, which began May 10.
See the video here. The DGA doesn’t put a dollar value on its contracts, a spokesman tells Deadline, saying “That’s just not the way the DGA typically looks at its contracts.” While Barclay may have been speaking rhetorically and a bit off the cuff about the gains being “almost double what we got last time,” the 5% pay increase in the first year of the new contract is indeed double the 2.5% pay raise achieved three years ago, while the 4% pay hike in the second year is 33.3% higher than the 3% won three years ago and the 3.5% raise in the third year is 16.7% higher than the 3% achieved in 2020.
DGA officials also say the new contract contains a new residuals structure to pay foreign streaming residuals based on the number of foreign subscribers that will result in a 76% increase in foreign residuals on the largest streaming platforms.
Read more on deadline.com
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