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SAG-AFTRA is pleased to introduce its newest entertainment contract, the Micro-Budget Project Agreement. “Micro” streamlines the signatory process for live-action projects budgeted at $20,000 or less per picture or episode, and allows for negotiable terms, making it an efficient option for projects that need a fast turnaround. Unlike other contracts that have a longer process, if your project qualifies for Micro, you can be cleared to start immediately upon submission of your application, provided that you notify performers of the Micro Agreement’s terms.
Another benefit of the agreement is the automation of the signatory process. This, along with the negotiable terms, requires less staff time to administer projects and frees up resources to dedicate to higher-budgeted productions that are more likely to generate payments, pension and health plan contributions, and residuals. Under Micro, projects can be exhibited on free-to-consumer new and social media platforms, at film festivals, on public access TV, for Academy Award consideration and demo purposes, and in the classroom. Contact SAG-AFTRA at (855)SAG-AFTRA (855-724-2387) or info@sagaftra.org for more details.
This item was originally featured in the SAG-AFTRA Winter 2021 magazine issue.
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