The Low Budget Agreement applies to those films shooting entirely within the United States with a total budget of less than $2,000,000.
The fragmented definition of “low budget” is reflected in the regulations of most major filmmaking unions and guilds. The International Alliance of Theatrical Stage Employees (IATSE), for example, currently considers any feature film budgeted between zero and 15 million dollars to be low budget.
SAG-AFTRA negotiates contracts that cover the work of media professionals in front of a camera or behind a microphone. Below are links to contract information, rates, FAQs and resources that help members and producers navigate the media and entertainment industries.
The Basic Agreement (BA) covers projects shot on film made under an agreement with the Association of Motion Picture and Television Producers (AMPTP). This contract applies to Directors, Assistant Directors and Unit Production Managers working in film and television.
SAG Theatrical Performer Only Rate Table TierBudget RangeDaily Rate Basic Agreement >$2 MM $1,056 Low Budget (>80min) $700k - $2 MM $686 Modified Low Budget (>80min) $300k - $700k $370 Ultra Low <$250k (Including deferrals <$500K) $2112 more rows •
There are a variety of ways to finance films, including through debt financing, equity investment, grants, crowdfunding, and partnerships with studios and/or production companies. WIPO's research focuses on debt financing and identifies the key players and their economic motivations.
Most actor contracts are between two and three pages long. The typical term for an actor contract is a certain a number of months after the film or play premieres, although some go on indefinitely. Term lengths can vary greatly! The typical term for an agent or manager contract for actors is about 12 to 18 months.
Most actor contracts are between two and three pages long. The typical term for an actor contract is a certain a number of months after the film or play premieres, although some go on indefinitely. Term lengths can vary greatly! The typical term for an agent or manager contract for actors is about 12 to 18 months.