We wanted to give you a quick update on what’s happening with the IATSE strike.
After IATSE members announced on Monday that 89% of IATSE’s 59,000 members voted by a 98.68% margin to strike, the Alliance for Motion Picture and Television Producers returned with a new offer for the union.
However, one IATSE official told Variety that the new proposal was a giant “nothingburger.” Both sides remain at the bargaining table and are working around the clock to see if a deal is possible.
Industry insiders on both sides think that if a deal is not reached this week, a strike could be imminent.
“The ball is in their court,” IATSE President Matthew Loeb told Variety. “If they want to avoid a strike, they will return to the bargaining table and make us a reasonable offer.”
If a deal isn’t reached, Loeb has the authority from the union to call a strike vote at any time.
We’ll keep you updated on any news that might develop in the coming days as Payday prepares to cover this potential landmark strike.