IATSE & Studios Close To Basic Agreement Deal, But Sticking Points Remain
deadline.comEXCLUSIVE: Negotiations between IATSE and the AMPTP are expected to go late into the night Thursday as the two sides near a new three-year deal for LA Locals, but they still have some distance left to run. “It’s looking good, close, but nothing’s sealed up yet,” a studio source close to the talks tells us.
After just over two weeks of direct talks between IATSE and the studios on a new Basic Agreement contract for the members in the City of Angels and surrounding region, job security for members of the Matt Loeb-run union remains a significant sticking point, we hear.
Stung by backlash over the last contract back in 2021 and a much closer-than-desired margin of victory on that deal’s ratification, IATSE leaders are determined this year to bring home a near “bulletproof” agreement, as one union insider put it.
In a multi-talks process among multiple Guilds that started on March 4, IATSE has set a deadline of midnight tonight a.k.a. May 16 for this latest round.
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