AGL 38.10 Decreased By ▼ -0.21 (-0.55%)
AIRLINK 138.09 Decreased By ▼ -3.31 (-2.34%)
BOP 5.60 Decreased By ▼ -0.04 (-0.71%)
CNERGY 3.91 Increased By ▲ 0.04 (1.03%)
DCL 7.56 No Change ▼ 0.00 (0%)
DFML 47.42 Increased By ▲ 0.02 (0.04%)
DGKC 79.16 Decreased By ▼ -0.59 (-0.74%)
FCCL 27.39 Decreased By ▼ -0.05 (-0.18%)
FFBL 54.50 Decreased By ▼ -0.35 (-0.64%)
FFL 8.63 Increased By ▲ 0.03 (0.35%)
HUBC 113.39 Decreased By ▼ -0.12 (-0.11%)
HUMNL 11.16 Decreased By ▼ -0.04 (-0.36%)
KEL 4.07 Increased By ▲ 0.08 (2.01%)
KOSM 8.20 Decreased By ▼ -0.34 (-3.98%)
MLCF 34.89 Decreased By ▼ -0.11 (-0.31%)
NBP 66.10 Increased By ▲ 2.30 (3.61%)
OGDC 169.00 Decreased By ▼ -0.40 (-0.24%)
PAEL 25.20 Increased By ▲ 0.02 (0.08%)
PIBTL 5.83 Decreased By ▼ -0.06 (-1.02%)
PPL 125.15 Decreased By ▼ -0.60 (-0.48%)
PRL 24.89 Increased By ▲ 0.10 (0.4%)
PTC 13.56 Increased By ▲ 0.30 (2.26%)
SEARL 57.93 Increased By ▲ 0.48 (0.84%)
TELE 7.12 No Change ▼ 0.00 (0%)
TOMCL 34.98 Decreased By ▼ -0.02 (-0.06%)
TPLP 7.44 Decreased By ▼ -0.01 (-0.13%)
TREET 14.30 Decreased By ▼ -0.02 (-0.14%)
TRG 46.30 Decreased By ▼ -0.24 (-0.52%)
UNITY 25.90 Decreased By ▼ -0.28 (-1.07%)
WTL 1.20 No Change ▼ 0.00 (0%)
BR100 9,081 Decreased By -10.5 (-0.11%)
BR30 27,361 Decreased By -17.5 (-0.06%)
KSE100 85,640 Decreased By -29.5 (-0.03%)
KSE30 27,143 Decreased By -72.9 (-0.27%)

A union representing Hollywood film and television crew said on Tuesday it has reached a tentative three-year deal with major studios that includes agreed-on pay hikes and guardrails against the use of artificial intelligence (AI).

The International Alliance of Theatrical Stage Employees (IATSE) members, which include lighting technicians and costume designers, are to ratify the deal with the Alliance of Motion Picture and Television Producers (AMPTP), which represents Disney Netflix and others.

The terms of the agreement include scale-rate increases of 7%, 4%, and 3.5% over the three-year term, the union said.

Hollywood braces for actors’ vote on strike deal

On the AI front, the deal includes “language that ensures no employee is required to provide Al prompts in any manner that would result in the displacement of any covered employee.”

In late 2023, the SAG-AFTRA actors union and the studios reached a labor agreement which ended a near six-month dispute that had halted film and TV production.

That contract also provided for pay raises and streaming bonuses that union leaders said amounted to more than $1 billion over three years, and also included protection around the use of AI in filmmaking.

Comments

200 characters