Minimums. Effective July 1, 2023, and except as otherwise provided in this instant Interim Agreement, all minimum rates, including base salary, rates applicable to any remaining grandfathered “high budget” SVOD series still in production, schedule breaks (except where specifically modified below), network prime time ceilings, “floors” applicable to clip use in New Media, second and subsequent basic cable licenses and secondary digital channels are increased by 11%. In the event that this Interim Agreement remains active on July 1, 2024, the same rates should increase by an additional 4%. In the event that this Interim Agreement remains active on July 1, 2025, the same rates should increase by an additional 4%.
Appears in 3 contracts
Sources: Interim Agreement, Interim Agreement, Interim Agreement