AFM Scores Tentative Agreement With Hollywood Studios Over Streaming Residuals, AI

AFM agreement with AMPTP
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AFM agreement with AMPTP
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Photo Credit: American Federation of Musicians

The American Federation of Musicians has reached a tentative agreement with the Alliance of Motion Picture and Television Producers over streaming residuals and the misuse of AI.

The American Federation of Musicians (AFM) has reached a tentative agreement with the Alliance of Motion Picture and Television Producers (AMPTP) over the contracts of musicians working in film and television, representing a significant victory in the industry regarding streaming residuals and protections against the misuse of AI.

“This agreement is a major win for musicians who have long been under-compensated for their work in the digital age,” said AFM International President and Chief Negotiator Tino Gagliardi.

“We have secured historic breakthroughs in streaming residuals, established critical guardrails against the misuse of AI, gained meaningful wage increases, and made other important improvements. This agreement represents a watershed moment for the artists who create the soundtracks for countless film and TV productions.”

Details of the contract remain sparse in a confidentiality agreement until the deal is approved for a ratification vote by the members whose work falls under the contract. The agreement was unanimously recommended by the bargaining committee.

“I want to congratulate our AFM Fair Share for Musicians bargaining unit members for their unwavering commitment to fighting for a contract that fairly compensates them for their invaluable contributions to film and TV and protects them in the ever-changing film and television industry,” added Gagliardi. “We were not alone in this negotiation, and we were proud to have the full backing of fellow unions: SAG-AFTRA, Writers Guild of America, IATSE, and the Teamsters.”

“It was yet another powerful reminder that when we have solidarity in the labor movement, we can achieve great things,” Gagliardi concluded. “We also would like to thank Carol Lombardini, President of the AMPTP, as well as the AMPTP and its member companies, for helping bring these negotiations to a successful conclusion.”

Pending AFM International Executive Board approval, the tentative agreement must be submitted for ratification by the members working under the Basic Theatrical Motion Picture and Basic Television Motion Picture contracts.