Another deadline has come and gone
By Leslie Simmons for THR.com
The latest deadline in the stalled talks between SAG and the Alliance of Motion Picture & Television Producers has officially passed.
The AMPTP had given SAG until Friday to have its members ratify the studios’ final offer made on June 30, when the actors contract expired. If the union did so, the offer would be retroactive to July 1.
SAG rejected the AMPTP’s offer and made a comprehensive counterproposal, which the AMPTP in turn dismissed.
A ticker on the AMPTP’s Web site calculates that SAG has lost more than $10.3 million in the past 45 days by not ratifying its offer. The figure is based on the AMPTP’s proposal package, which it says is worth $250 million.
“By continuing to reject the producers’ final offer, SAG’s negotiators have ensured that their members will lose out not only on salary and other economic increases but also the new-media rights and residuals already available to all other guild members,” the AMPTP said.
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