Sag Ultra Low Budget Project Agreement
The special agreement on new media remains limited to projects with a first new press release and now has four categories. Category A and B apply only to episodic content made for new media. Category C and D apply to both non-episodic content and episodic content made for new media. New media productions with budgets of between $250,000 and $700,000 should expect to pay either $335 per day or $1,116 per week. Before you immerse yourself, it is important to create a detailed budget of your production, as this determines your specific SAG rates. Before you can even roll the camera, you need to send SAG a budget and a copy of your script. 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. The ultra-low budget agreement (and all other low-budget agreements) are only changes to the basic agreement. The basic agreement (which you must sign in addition to the low budget agreement) is a set of rules of 2 to 3 thicknesses, complex, contradictory and anything but indecipherable, written years ago in the exclusive interest of SAG and the major studios (all members of the AMPTP that we know and love). If you don`t have anything better to do for a few days and you have a lot of strong coffee, take a look. Recently, SAG began calling for the signing of another agreement called the Laboratory PawnHolder Agreement. It`s like a lab access letter (which allows your distributor to sell copies of your master`s).
Except for SAG, it`s quite the opposite! No one has access to your negative or digital mastery until SAG says ok. 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. Note to independent manufacturers: SAG-AFTRA has announced two new agreements for low-budget projects, in addition to some updates to existing agreements. These changes will take effect on February 1, 2020.