A Low Budget Agreement

It (the Ultra Low agreement) is not intended for images produced for television shows, cable use, video/DVD markets or, moreover, primarily for commercial exploitation. This means that unless your low-budget masterpiece has a real theatrical publication, you owe them money for any TV or cable show, any download on the Internet, every foreign sale and every DVD you`ll ever expect. Let`s face it, the independent producer of a film that has budgeted less than $200,000 has nothing but the rest of the markets that can be sought. If we can`t make a profit in these emerging markets, we won`t make too many films in the future, will we? However, you will benefit from this agreement if you meet all the following conditions: That is why the Ultra Low Budget Agreement, (and other low-budget agreements) say, and should not be reclassified as a Made for Pay or Free Television movie. Otherwise, you could earn some money for all your hard work and money that you paid the actors because the video of your productions would be exposed originally, free money. So, like many filmmakers, I was excited when I first heard about SAGs trying to cross the street and work with us. Actors for a hundred dollars a day, relaxing all those stupid rules and regulations, no first-class airfares for actors and more the Ultra Low Budget Agreement seemed like a fantastic idea for productions that were budgeted less than 200K. The low-budget agreement is now called a low-budget “LBA”, and rates for the main daily and weekly players are set at 65% of the scale of basic agreements and increased each year with the scale (daily rate of 653 USD and weekly from 2267 USD to 30.06.20). The LBA will be limited to projects with a first theatrical publication, with budgets of more than $700,000, but no more than 2,000,000 $US. The diversity of casting incentives is maintained.

Every three years, iATSE and AMPTP ratify the IATSE Low Budget Theatrical Agreement. To help you prepare for budgeting, hire staff and discuss the benefits for your future productions, we`ve outlined the latest primary levels, salaries, marginal rates and position changes.

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