The Directors Guild of America and Hollywood studios have reached a “historic” tentative deal on a new contract. The negotiations have been ongoing for several months, with both sides striving to reach an agreement that benefits all involved.
According to reports, the new contract includes a number of significant changes, including increased salaries for directors and new rules governing working conditions. Additionally, the new contract will also include provisions that address streaming services and how they compensate directors.
The negotiations were hailed as a significant step forward for the entertainment industry, which has undergone numerous changes in recent years. The deal is expected to benefit both directors and studios, providing a framework for how they can work together in the years to come.
“I’m thrilled to announce that we’ve reached a tentative agreement with Hollywood studios,” said a spokesperson for the Directors Guild of America. “This is a significant milestone for our industry, and we’re excited to move forward with this agreement in place.”
Details of the agreement are still being finalized, but many in the industry are already celebrating the news. The Hollywood Reporter noted that the agreement was a positive step forward for directors, studios, and streaming services alike, and that it could pave the way for more cooperation and collaboration in the years to come.
Overall, the deal represents a significant victory for Hollywood and the entertainment industry as a whole. It is expected to provide stability and security for directors and studios alike, and should help them navigate the changing landscape of the industry in the years to come.