As the trades have continued to report over the last several days, IATSE Union leadership is incredibly frustrated with the lack of progress being made in their negotiations with the AMPTP Union.
I have been told that the IATSE will strike Monday if they cannot reach an agreement by then. Voting members of the union authorized a strike in a recent vote and leadership has hit an impasse with the AMPTP negotiating team saying they are refusing a fair deal. The IATSE has been looking to negotiate a deal that gives crew members a reasonable amount of time between shoots, a living wage and competitive benefits.
Should the IATSE strike, it would appear that projects currently in production would pause and no new productions would be able to begin, creating a domino effect for studios. It’ll be interesting to see if the two sides can begin to actively resolve these issues before Monday.