Hollywood’s Unions Tell Their Members That New State Gig Economy Law Won’t Impact Their Loan-Out Companies

  • Deadline
Hollywood’s unions are assuring members that their loan-out companies will not be negatively impacted by a new California law designed to end the misclassification of gig economy workers as so-called “independent contractors.”

The bill – Ab 5 – which was signed Wednesday by Gov. Gavin Newsom, was designed to protect Uber and Lyft drivers and other gig workers from being deprived of health benefits and overtime pay.

In a joint letter to their members today, SAG-AFTRA, the WGA West, Iatse, Hollywood Teamsters Local 399, and Studio Utility Employees Local 724 said that although there is “a great deal of confusion about the new bill” and the potential impact it will have on their loan-out companies, the new law “is not directed at our industry, and we do not believe it will trigger a change to industry practices.”

Loan-out corporations, which are common in the entertainment industry, are usually set up for tax and legal purposes,
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