NEW YORK, NY — The International Alliance of Theatrical Stage Employees (IATSE) and the Association of Independent Commercial Producers (AICP) concluded negotiations last week on a new three-year contract to cover commercial production across the U.S.
Contract modifications include industry standard wage and benefit increases. Safety and training were prioritized by both parties, and the commercial agreement includes an increase in contributions to the IATSE Entertainment and Exhibition Industry Training Trust Fund (IATTF). The IATTF will provide skills and safety training to technicians working on commercials throughout the industry.
The IATSE bargaining committee consisted of a representative group of local unions from around the U.S. and was led by IATSE International President Matthew D. Loeb.
“We have achieved financial progress for our members and preserved labor stability in the production of commercials,” said IATSE International President Loeb. “Thousands of working people across the country will benefit from increases to wages, healthcare contributions, and pension gains when working on commercials.”
The AICP bargaining committee was comprised of commercial production companies and overseen by AICP President and CEO Matt Miller.
“I am delighted that the AICP and IATSE have been able to come together and address issues that help our industry stay competitive,” said Miller. “With the changing state of the industry, it is important that we are able to continue to employ experienced and trained IATSE members in the production crafts.”
The new agreement is effective from October 1, 2016, through September 30, 2019.
Founded in 1972, the AICP represents, exclusively, the interests of United States companies that specialize in producing commercials in various media – film, video, computer – for advertisers and agencies. The association, with national offices in New York and Los Angeles as well as eight regional offices, serves as a strong collective voice for this $6-plus billion industry, disseminating information; representing the production industry within the advertising community, in business circles, in labor negotiations and before governmental officials; developing industry standards and tools; providing professional development; and marketing American production.