ACTRA and the CFTPA have reached yet another new deal–one that should make the Hollywood studioheads happier.
This new deal provides a way out of the new terms laid out for payment for new media. After New Year’s Day, 2009, the actors and producers will revisit and renegotiate on this issue.
Post-strike, Toronto has lost up to $400 million in production revenue. It may take a while for things to bounce back. Those represening both sides are just happy that the strike is over, and that everyone can return to work.
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