The ultra-low budget agreement (and all other low-budget agreements) are simply changes to the basic agreement. The basic agreement (which you have to sign in addition to the low-budget agreement) is a 2-of-3 rulebook, complex, contradictory and anything but indecipherable, written years ago for the sole benefit of SAGs and major studios (all amptp members we know and love). If you have nothing better to do for a few days and you have a lot of strong coffee, take a look. SAGIndie, having chosen to reoccupy, even went so far as to organize monthly contract workshops to skillfully explain to all the arrivals the wonders of this new convention. The first new agreement is the Low Budget Project Agreement (UPA). This will completely replace the previous ultra-low budget agreement and replace the Special New Media Agreement for non-episodic productions with a budget of less than $US 300,000. Some highlights of the UPA are as follows: The low-budget agreement is only used at the request of the author, and the company must also submit the required low-budget agreement documents and the signatory`s documents. If the terms of the agreement are included in a personal agreement, but no additional documents of the low-budget agreement are submitted and approved by WGAW, the author is not sure whether the low-budget agreement applies to the project. However, you benefit from this agreement if you meet all of the following conditions: Paragraph 1 of the Ultra-Low Budget Agreement states in part that this is why the low-budget agreement (and other low-budget agreements) says and should not be considered a film made for pay or free tv. Otherwise, you could make a little money for all your hard work and the money you paid the actors, because the video of your productions would be the first free exhibition of money.
SAG also requires each distributor who sells your film to sign a distributor buyback agreement to bind the distributor to your agreement with SAG. Big studios still sign, but most independent sales agents will laugh in their faces. Notice to independent producers: SAG-AFTRA has announced two new agreements for low-budget projects, in addition to updating existing agreements. These amendments will come into force on February 1, 2020. For more information, visit the SAG-AFTRA Production Center. __ The low-budget agreement is now called the “Low Budget Theatrical Agreement” (“LBA”) and the prices of the daily and weekly major players are set at 65% of the scale of the basic agreement and increase each year with the scale (daily rate of 653 USD and weekly price of 2267 USD to 30.06.20). The LBA remains limited to projects with a first theatrical release, with budgets of more than 700,000 $US, but no more than 2,000,000 $US. . . .