The new Bondflick has been given the all clear to begin production from Equity after successfully negotiating a deal for its thesps with Eon Productions.
The planned January shoot will now go ahead with the actors taking a satisfactory 3% royalties from global DVD & vid sales - that's after Eon have recouped 30% of its budget from those sales.
The all-powerful actors union continues to make allowances for certain films to start production after their negotiation deadline that expired on Saturday. The talks with PACT over a standard, lasting settlement for its members continues, but the Bond concession is the latest example, after the two Harry Potter films, of Equity's hesitation about stalling the industry through delayed shoots.
Another example of their commitment to greenlighting productions after negotiating satisfactory royalties is Pennhy Woolcock's exciting, FilmFour backed, Principles of Lust, currently shooting in Yorkshire. Despite this and a handful of other projects given the go ahead, Screen International reported this week that some 17 productions are stuck in first pending an outcome with the union.
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