UPDATE: Sample copies of the new contracts have been uploaded to our Resources page – take a look to familiarize yourself with the changes.
If you have any questions about these contracts, contact us and we’ll be glad to help.
There are some changes afoot for filmmakers using SAG-AFTRA’s low budget contracts.
Effective July 1, 2015, the minimum rates applicable under the Ultra Low Budget Agreement, the Modified Low Budget Agreement, and the Low Budget Agreement will increase by 25%.
New Minimum Rates (effective July 1, 2015)
- Ultra Low Budget Daily Rate: $125
- Modified Low Budget Daily Rate: $335
- Modified Low Budget Weekly Rate: $1,166
- Low Budget Daily Rate: $630
- Low Budget Weekly Rate: $2,190
Additionally, the following is effective July 1, 2015:
New Budget Thresholds (effective July 1, 2015)
- The budget threshold for the Ultra Low Budget Agreement will increase to $250,000
- The budget threshold for the Modified Low Budget Agreement will increase to $700,000
- The Diversity in Casting incentive will increase to $1,050,000
- The Background Actor incentive will increase to $112,000
- The budget threshold for the Low Budget Agreement will remain the same ($2,500,000)
Updated agreements will be posted on the SAGindie and SAG-AFTRA websites before July 1, 2015.
AGAIN, IF YOU HAVE ANY QUESTIONS about how this may affect your film, shoot us an email and we’ll be happy to help you out.
——
If you’re interested in receiving announcements and updates about low-budget filmmaking, sign up for the SAGindie email newsletter.
