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Article: Actors union cuts independent films some slack: SAG to grant waivers that will protect producers from strike.(LABOR)
- Article from:
- Los Angeles Business Journal
- Article date:
- March 10, 2008
- Author:
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IN an unusual effort to quell fears of independent film producers, the Screen Actors Guild made an offer last week to grant waivers to certain productions, meaning that they could continue even if actors went on strike.
The offer of waivers is noteworthy because the union has yet to begin formal negotiations with the studios, much less mention the word strike. The waivers would make it easier for film productions to obtain completion bonds.
Insurance companies that guarantee completion bonds to independent film companies have imposed a June 15 deadline, two weeks before the actors' contract with the studios expires, on film productions before issuing ...