-Toronto-Telluride premiere is transmuted into a seven- or eight-figure distributor’s check — could be MIA this year. New conditions placed on film sales for movies that received SAG-AFTRA waivers to attend and promote at the fall fests mean the markets’ biggest buyers — the studios and streamers, members of the production guild, the AMPTP — may be sitting things out this season.
On Aug. 15, SAG chief negotiator Duncan Crabtree-Ireland outlined to the press the terms of the interim promotional agreements given to movies to allow them to bring SAG-affiliated talent to festivals. If a film gets a SAG-AFTRA waiver, the film’s seller has to adhere to the terms the guild has proposed for its new contract with AMPTP, including higher residual payments for actors and below-the-line talent and a share of subscription revenue produced by those projects.
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