The contract is the employment contract between the major film and television producers and IATSE. The main provisions of the 2015-2018 core agreement include annual increases in wages and pensions, as well as no reductions or increased costs for health plan participants. Substantial improvements in working conditions for new media productions are also an essential element of the agreement. The terms of the interim agreement are in line with the sectoral standards established in recent negotiations and the changes in force for the specific needs of IATSE members. The FA received unanimous support from the negotiating committee to recommend ratification of the interim agreement by the members. Matthew D. Loeb, President of the International Alliance of Theatrical Stage Employees (IATSE), announced that negotiations with the Alliance of Motion Picture and Television Producers (AMPTP) on a new core agreement will take place on November 20. , President of IATSE International. The new three-year contract applies to approximately 35,000 AI members, represented by West Coast Studio Locals and New York-based premises 52 and 161, who work in film and television production.