The low-budget agreement applies to films shot entirely in the United States, with a total budget of less than $2,000,000, but more than $700,000 planned for the first theatrical release. The agreement must be executed by performers at least three weeks before any work. When a company becomes a signatory, it accepts the working conditions of professionals represented, protected and conservative under basic contracts. These include SAG-AFTRA television agreements based on content type, media and, in some cases, budget. For example, programs that go directly to a streaming service (such as Netflix) and have a budget of less than one million can be covered by the new media agreement, but for all programs on that budget – even if they go directly to streaming – the SAG-AFTRA TV contract applies. SAG-AFTRA categorizes TV contracts into four categories: Today, almost one hundred years later, SAG-AFTRA is still committed to organizing all work done in their jurisdictions, negotiating the best wages, working conditions, health and pension benefits, creating employment opportunities, enforcing contracts and protecting SAG-AFTRA members from unauthorized use of their work. However, the work of the Union is not possible without the cooperation of the hereditary industry, which is not part of the union, in particular the studio and production factories. Through collective agreements and subsequent contracts, SAG-AFTRA can govern and protect those who work in a performance role in the entertainment industry. In an effort to support members, SAG-AFTRA and its national leaders demonstrated that Patricia Clarkson, Robert De Niro, Alec Baldwin, Christopher Meloni, Jason George and Michelle Hurd voted “yes” among these members.
In a video chat with Baldwin, posted on July 20, Carteris expressed a positive view of the benefits of the agreement: “It was the contract of a bargaining team that is a work actor, and we are taking advantage of everything we have proposed to support that membership and the union. Under this agreement, the signatories are contractually obliged to cooperate with the main players of SAG-AFTRA and up to a maximum of 30 people for the background. What is a collective agreement? Collective bargaining is a kind of negotiation process between employers and a group of workers with the common goal of setting conditions and reaching agreement on the regulation of wages, working conditions, benefits and other aspects of workers` compensation and workers` rights. All categories are subject to the existing basic agreement and the television broadcasting agreement. As part of the television agreement, actors and background actors are covered for their work on the shows that signed the SAG-AFTRA television agreement. As part of the television agreement, there is a required quota of 21 substantive actors, and for all non-union actors who are hired, and the 22nd and over productions of substantive actors should submit the corresponding report by Tft Hartley, accompanied by a headshot and a CV. The new three-year contract, which must be approved by the SAG-AFTRA Executive Committee, is retroactive to July 1 and runs until June 30, 2023. The performers` union said the terms of the agreement include the benefits in its recently ratified master`s contract for feature film and primetime TV. If approved by the committee, the agreement will be subject to ratification by the “relevant members” who collaborated on the treaty. Once these issues are decided, a collective agreement is reached and both the employer and the union are required to comply with that agreement.
Hence the system that the industry has for collaboration with SAG-AFTRA members. Unlike other signatories, the New Media Agreement does not require minimum compensation.