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SAG Guarantees Work Will Continue On Indie Films

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Mar 4, 2008 6:38 pm US/Pacific

SAG Guarantees Work Will Continue On Indie Films

LOS ANGELES (AP) ―

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The Screen Actors Guild is offering guarantees to independent producers that cast members will finish work on upcoming projects even if there is a strike this summer.

The move announced Tuesday calls for producers who accept the offer to retroactively abide by whatever contract terms are eventually approved by union members.

The union is hoping to quell rising concerns about the impact of a possible strike on film and TV production.

Some independent producers have said they could not obtain financing or insurance on new projects because backers were worried about labor disruptions.

Contract talks with major studios are expected to begin in April. The current agreement expires on June 30.