Ultra Low Budget Project Agreement
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 AMLA remains limited to projects with a first theatrical launch, with budgets of more than 700,000 $US, but no more than 2,000,000 $US. A variety of casting incentives will remain available. Amazon, Instagram, YouTube — these are just some of the targets that screen Actors Guild classifies as “new media.” Whether you`re going to make a movie or a series, both are covered by this agreement as long as your budget is between 50,000 and 1,000,000 $US. The DIS Modified Low Budget Agreement applies to films with a budget between 250,000 and 700,000 $US. . . .