AFTRA, Labels Achieve Seem-Tracks Deal

AFTRA, Labels Achieve Seem-Tracks Deal By Daniel Holloway December 15, 2011 The American Federation of Television and Radio Artists has arrived at an offer using the recording industry with an extension towards the union contract covering audio tracks. The Seem Tracks Code covers artists working on "tracks in most new and traditional media and all sorts of music formats, additionally to audio books, comedy albums, and cast albums," based on AFTRA. The present agreement was scheduled to run out 12 ,. 1.Anything requires annual 2 percent wage increasesthe same level settled upon in many recent entertainment-union discussions, including AFTRA's just-signed Network Code extensionover the three-year existence from the deal. Additionally, it requires a 1-time increase of just one percent in employer contributions towards the union's health insurance and retirement funds. Particulars from the agreement were hashed out throughout an exciting-day settling session Wednesday between AFTRA and reps in the Disney, EMI, The new sony, UMG, and Warner labels and completed Thursday morning."The significant people of the settling committee faced unique challenges within this settlement because of the structural changes, risks from content thievery, and sharp economic declines it business has experienced throughout yesteryear decade, that are beyond anything felt by our people employed in other entertainment and media industries," AFTRA national executive director Kim Roberts Hedgpeth stated inside a written statement. "The AFTRA people around the settling committee nevertheless been successful in achieving significantly needed increases in minimums and H&R contributions, and additional bargained payment structures for digital revenue and new types of certification which will enable entertainers to better take part in changing business structures because the recorded music business attempts to adjust to change." AFTRA, Labels Achieve Seem-Tracks Deal By Daniel Holloway December 15, 2011 The American Federation of Television and Radio Artists has arrived at an offer using the recording industry with an extension towards the union contract covering audio tracks. The Seem Tracks Code covers artists focusing on "tracks in most new and traditional media and all sorts of music formats, additionally to audio books, comedy albums, and cast albums," based on AFTRA. The present agreement was scheduled to run out 12 ,. 1.Anything requires annual 2 percent wage increasesthe same level settled upon in many recent entertainment-union discussions, including AFTRA's just-signed Network Code extensionover the 3-year existence from the deal. Additionally, it requires a 1-time increase of just one percent in employer contributions towards the union's health insurance and retirement funds. Particulars from the agreement were hashed out throughout an exciting-day settling session Wednesday between AFTRA and reps in the Disney, EMI, The new sony, UMG, and Warner labels and completed Thursday morning."The significant people of the settling committee faced unique challenges within this settlement because of the structural changes, risks from content thievery, and sharp economic declines it business has experienced throughout yesteryear decade, that are beyond anything felt by our people employed in other entertainment and media industries," AFTRA national executive director Kim Roberts Hedgpeth stated inside a written statement. "The AFTRA people around the settling committee nevertheless been successful in achieving significantly needed increases in minimums and H&R contributions, and additional bargained payment structures for digital revenue and new types of certification which will enable entertainers to higher take part in changing business structures because the recorded music business attempts to adjust to change."