SAG-AFTRA and the major record labels reached a tentative three-year agreement on a successor contract to the SAG-AFTRA National Code of Fair Practice for Sound Recordings.
“This contract achieves important gains for our members in key areas, especially and including our health and retirement plans. I’m proud of our dedicated negotiating committee, and especially its chair, National VP Recording Artists/Singers Dan Navarro, for their excellent work,” said president Gabrielle Carteris.
SAG-AFTRA said the successor deal includes annual minimum wage increases; increased contributions to the health and retirement plans, including significantly increased contributions on payments related to online streaming of music; and other improvements in economic terms. The union did not provide details.
Negotiations began in April — three months after expiration of the current deal — in Los Angeles and continued for two additional sessions over the summer in New York City. The deal was reached late Thursday after two days of bargaining in New Orleans.
1, 2018, and expires Dec. Records, Atlantic Recording Corporation, Sony Music Entertainment, Universal Music Group Recordings, Capitol Records, and Hollywood Records (Disney). The pact covers session singers, royalty artists, announcers, actors, comedians, narrators, and sound effects artists for recordings in all new and traditional media and all music formats, along with audiobooks, comedy albums, and cast albums.” /> The major record labels covered by the agreement include Warner Bros. 31, 2020. The new agreement is retroactive to Jan.
The tentative agreement will be presented to SAG-AFTRA’s National Board at its meeting this weekend, and if approved will be sent to members for ratification.

Almanzar’s talents were increasingly being recognized by the world, Shaft unconscionably used his position Financial arrangements between KSR and Atlantic Records are also detailed in the suit, which reads: "As Ms.
Almanzar to assign all copyrights in any audio or video recordings to KSR as well as 50% of Ms. Almanzar’s record royalties and required Ms. of trust as a fiduciary to extract a larger portion of Ms. Almanzar’s authored compositions." Almanzar’s earnings. In the deal that Shaft orchestrated with Atlantic Recording Corporation, Shaft inserted his wholly-owned entity KSR to be paid 50% of all of Ms.
Paul LiCalsi of the firm Robins Kaplan LLP is litigation counsel to Cardi B.” />
Shaft began managing Cardi B in 2014 while she was still employed as an exotic dancer and orchestrated her joining the cast of VH1's "Love & Hip Hop" reality show. In the counter-suit, filed on July 5 by the artist, Cardi B (real name: Belcalis Almanzar) contends that the original suit by Shaft against her new managers, Kevin "Coach K" Lee and Pierre "Pee" Thomas, "arises out of the deceitful and disloyal conduct of a self-serving and controlling personal manager." She goes on to assert that "trust was abused" during their professional time together.
In March, Variety broke the news that Cardi B was being represented by Coach K and Pee.
Shaft claimed that Cardi B froze him out of her career and repeatedly defamed him. In April, Shaft sued Cardi B along with Solid Foundation, the management wing of Quality Control, which is headed by Kevin “Coach K” Lee and Pierre “Pee” Thomas, demanding judgement against the rapper and damages of no less than $10 million.
In addition, the artist claims KSR was "negligent" in their record-keeping responsibilities despite multiple requests to show a proper accounting of funds. Reads the suit: "Shaft and/or KSR eventually prepared rough, cryptic spreadsheets for individual performance dates in 2017, which failed to include much of the most basic expense information necessary to determine whether even these inadequate sketches were accurate or reliable."
As Cardi B's star rose, "so too did Shaft’s greed," says the suit. Almanzar earned in the entertainment business." "Shaft proved increasingly willing to take advantage of, deceive and exploit Ms. Almanzar, and he had the ability to do so through complete control over all legal documents and virtually every dollar that Ms.
That may cease following the latest legal salvo filed in U.S. District Court for the Southern District of New York. Followers of Klenord “Shaft” Raphael on Instagram may have noticed that, despite an ongoing lawsuit against star rapper Cardi B, the KSR Records founder has been boasting of her chart achievements.