September 15, 2001

The three-year labor contract between the Joint Policy Committee on Broadcast Talent Union Relations of the ANA/AAAA (JPC) and the American Federation of Musicians (AFM) expires on Tuesday, October 16, 2001. This contract is commonly referred to in the industry as the "Jingle Contract." The contract covers musical talent recording original and other music used in our nation's television and radio commercials. The scale payroll under this contract exceeds $100 million during the contract term.

The JPC and the AFM will meet during the week of October 15, 2001. Negotiations have been scheduled for the entire week, to be concluded on Friday, October 19, 2001. The major issues to be addressed are (1) economic adjustments in existing scale rates and (2) Internet payment issues. The JPC and AFM have agreed that if they are successful in reaching agreement on a new three-year collective bargaining agreement by close of business Friday, October 19, 2001, the settlement would be retroactive to the expiration of the current contract and therefore effective on October 17, 2001. The JPC Negotiating Committee and the full JPC have met in preparation for these negotiations. Both the JPC and AFM are committed to negotiating in good faith and avoiding a labor dispute.

If you have any questions concerning these negotiations, please call Ira Shepard, Chief Negotiator and Counsel to the JPC at (202) 333-8800 or Dan Jaffe, Executive Vice President of ANA at (202) 296-2359. If there are any late breaking developments in regard to the contract negotiations, we will post information on our Web site at http://www.ana.net under "News".

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