Musicians' Union Secures Landmark Deal with Studios
The American Federation of Musicians reaches a tentative agreement with studios, introducing streaming residuals and AI protections.
- The American Federation of Musicians (AFM) has reached a tentative agreement with the Alliance of Motion Picture and Television Producers (AMPTP), marking a significant victory for musicians.
- The deal includes historic breakthroughs in streaming residuals for musicians, establishing critical guardrails against the misuse of AI, meaningful wage increases, and other important gains.
- AFM International President Tino Gagliardi hailed the agreement as a watershed moment for artists creating soundtracks for film and TV productions.
- The agreement, unanimously recommended by the AFM bargaining committee, awaits ratification by the general membership.
- Solidarity among Hollywood labor unions, including SAG-AFTRA, Writers Guild of America, IATSE, and the Teamsters, played a crucial role in reaching the agreement.