SAG-AFTRA is setting a tone with their new three-year music video agreement with major record labels to be voted upon this October. We will have to wait until after the union’s review and vote, but they have stated that performers are gaining significant economic and safety guarantees. Seven major labels have signed-on to this agreement, Warner Records, Atlantic Records, Sony Music Entertainment, Universal Music Group, Capitol Records and Hollywood Records (Disney).
“It was an intense negotiation, but in the end the labels and our negotiating team were able to find a shared path toward the future. I’m proud of the process and look forward to joining my fellow members in working under these new contract terms,” said Danielle Towne, dancer and national chair of the music video negotiating Committee.
Disclaimer: Please note that the information contained within this news post and site is offered simply as a consideration to visitors who are in the entertainment industry and are seeking to learn more about various areas of entertainment, be it in film, movies, television, music, digital, new media, film financing, merchandising and/or branding. As such, the information so provided should never be construed as legal advice. If you need further assistance or legal advice for your specific matter, please do not hesitate in contacting an entertainment attorney (film, music, digital, licensing, financing) here in Los Angeles, California at The Hollywood Lawyer by(1) emailing us at firstname.lastname@example.org; (2) calling us at (323) 300-4184; or (3) filling out our online form. thehollywoodlawyer.com.