On February 23, 2024, the parties covered by this Memorandum of Understanding (“MOU”) reached an agreement (subject to ratification by the members of the Federation) for successor agreements of the Basic Theatrical Motion Picture Agreement of 2020 and the Basic Television Motion Picture Agreement of 2020, as extended by the extension agreements dated September 4, 2021, August 18, 2022 and November 15, 2023 (collectively, the “2020 Agreements”).
This Memorandum of Understanding shall be effective as of May 1, ;2024, or the first Sunday following the business day on which the AMPTP receives notice of ratification, whichever is later, unless a contrary date is specified, in which case such provision shall be effective as of the date so specified.
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