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IATSE and AMPTP Agree on New Three-year Area Standards Agreement

April 17, 2009 - The IATSE and AMPTP have tentatively agreed on terms of a new three-year Area Standards Agreement.  Terms affect about 8,000 IA members across the United States.

The IA received the support of the negotiating committee for the tentative agreement.  Terms and conditions of the tentative agreement are consistent with industry standards as established in the other labor negotiations of 2008.  The agreement is for the period of August 1, 2009 through July 31, 2012.

”I am pleased that during these extremely difficult economic times we were able to achieve a solid agreement with the producers that will provide continuing stability and protect the well-being of IATSE members in the areas covered by this contract,” IATSE International President Matthew D. Loeb said.

In response to the deal, the AMPTP said: “This agreement reflects the value of both early negotiations and the willingness of both sides to work together to achieve a fair deal that will promote work opportunities and keep production going, especially in this challenging climate.“