SAG-AFTRA said on Tuesday that it had reached a temporary agreement with the Big Four Broadcasting Network and other producers on a new National Code of Fair Practice, or Network Code, for network television broadcasting.
The union said the two parties reached an agreement on Friday, May 20, in code, which generates more than 200 200 million a year for cover member revenue across almost all non-primetime and non-dramatic primetime TV and digital media programming. The proposed three-year agreement will now go to the SAG-AFTRA National Board for consideration and then approved as a member for approval.
The code includes morning news programs, talk shows, soap operas, diversity, reality, game shows, Sports and promotional announcements. GMA, The Young and the Restless, Jeopardy !, Saturday Night Live, The Voice, The Oscars and the Super Bowl are among the many shows under contract.
The previous network code agreement was extended as it was due to expire on June 30, 2021. The agreement saw the minimum contract increase over a three-year period, with most program fees implemented through an 8.7% overall wage increase, 2.5% first year, 3% second year and 3% third. The deal also raises funding for the AFTRA Retirement Fund.
SAG-AFTRA did not provide details of the new interim agreement.