EXCLUSIVE: As indie producers and financiers in Hollywood and beyond wait on tenterhooks for waivers from SAG-AFTRA — letting them continue with their projects despite the strike — some are starting to get a green-light.
One confirmation letter sent out in lieu of an actual waiver, which aren’t quiet ready yet, notes that the “interim agreement” will include the terms of the last SAG-AFTRA counter in negotiations — including an 11% wage increase to the minimum rates from the 2020 Theatrical/Television Agreement [we hear it could be less than 11% under low budget film agreements].
Upcoming indie filmBride Hard, due to star Rebel Wilson, and at least a half dozen other movies now have permission to move ahead [waivers largely apply to film, given that most U.S.
series involve a studio], and the flow of so-called “non-interference agreements”, and ultimately waivers/interim agreements, is set to intensify in coming weeks for projects with no connection to a studio or streamer.
Read more on deadline.com
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