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IATSE Aims to Wrap Up Bargaining by June 27

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Gene Maddaus Senior Media Writer IATSE is hoping to wrap up bargaining a new contract with the studios by June 27, after adding an extra week of talks to the schedule.

The union announced Monday that it will restart negotiations on both the Basic Agreement and the Area Standards Agreement on June 24, allotting four more days to close both deals. “We look forward to concluding our bargaining with the AMPTP and reaching an agreement that our members will be proud to ratify,” Matt Loeb, the international president, said in a statement.

Negotiators have reached agreement on several subjects, including provisions covering the use of artificial intelligence and subcontracting.

But the major “economic” issues have yet to be resolved, including overall wage increases and funding a $670 million gap in the pension and health plans.

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