SAG-AFTRA Unveils Groundbreaking Verticals Agreement for Low-Budget Microdramas

SAG-AFTRA Launches Verticals Agreement for Microdramas On October 13, 2025, SAG-AFTRA unveiled the launch of its Verticals Agreement, a new media contract designed specifically for serialized micro and vertical dramas. This agreement will cover productions with budgets under $300,000 and provide protections and flexibility for creators, actors, and producers. Key Facts: The Verticals Agreement is a result of negotiations between SAG-AFTRA and industry stakeholders. The agreement aims to address the unique needs of microdramas, which are typically low-budget productions with fast-paced production schedules. Chief Negotiator and National Executive Director Duncan Crabtree-Ireland stated that the agreement "works for the realities of these productions" while upholding SAG-AFTRA's core standards. Timeline: October 13, 2025: SAG-AFTRA launches the Verticals Agreement. The agreement will cover various productions with budgets under $300,000. The contract is designed to provide protections and flexibility for creators, actors, and producers in SAG-AFTRA. Immediate Impact and Response: Industry insiders have welcomed the new agreement, citing its potential to support emerging talent and innovative storytelling. "This agreement recognizes the changing landscape of our industry and provides a framework for creators to thrive," said an anonymous producer. Background Context: The rise of microdramas has transformed the entertainment landscape, offering new opportunities for creators and audiences alike. However, these productions often face unique challenges, including tight budgets and fast-paced production schedules. The Verticals Agreement aims to address these concerns while ensuring that performers are protected and supported. What Happens Next: As the industry adapts to this new agreement, we can expect to see more microdramas being produced under SAG-AFTRA's guidelines. This development has significant implications for the entertainment industry, as it may pave the way for more innovative storytelling and emerging talent. *This story is developing. Information compiled from Variety reporting.*