Screen Actors Guild (SAG), the American Federation of Television and Radio Artists (AFTRA) and the advertising industry’s Association of National Advertisers (ANA)/American Association of Advertising Agencies (AAAA) Joint Policy Committee on Broadcast Talent Union Relations (JPC) have selected global firm Booz Allen Hamilton, headquartered in McLean, Va., as the independent study consultant to examine alternative methods of performer compensation in light of a changing advertising/marketing landscape.
The study will examine performer compensation models for commercials appearing on television, radio, and the Internet, as well as the growing array of existing and yet-to-be-developed media. The findings will be considered by the performers’ unions and advertising industry in negotiating new Commercials Contracts when the current two-year extension agreement expires October 28, 2008.
The study is to be conducted with the understanding between the unions and the industry that the purpose is not to reduce the aggregate compensation historically paid to performers.
Booz Allen Hamilton was chosen from nine leading consulting companies that responded to a request for proposal to conduct the study. An effort to identify productive solutions to changing industry business models in advance of the ’08 negotiations, the study is a collaborative endeavor by the unions and the JPC.
Work on the study began on May 31 and is expected to be completed in 21 weeks.
Supreme Court Allows Multibillion-Dollar Class Action Lawsuit To Proceed Against Meta
The Supreme Court is allowing a multibillion-dollar class action investors' lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.
The justices heard arguments in November in Meta's bid to shut down the lawsuit. On Friday, they decided that they were wrong to take up the case in the first place.
The high court dismissed the company's appeal, leaving in place an appellate ruling allowing the case to go forward.
Investors allege that Meta did not fully disclose the risks that Facebook users' personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump 's first successful Republican presidential campaign in 2016.
Inadequacy of the disclosures led to two significant price drops in the price of the company's shares in 2018, after the public learned about the extent of the privacy scandal, the investors say.
Meta spokesman Andy Stone said the company was disappointed by the court's action. "The plaintiff's claims are baseless and we will continue to defend ourselves as this case is considered by the District Court," Stone said in an emailed statement.
Meta already has paid a $5.1 billion fine and reached a $725 million privacy settlement with users.
Cambridge Analytica had ties to Trump political strategist Steve Bannon. It had paid a Facebook app developer for access to the personal information of about 87 million Facebook users. That data was then used to target U.S. voters during the 2016 campaign.
The lawsuit is one of two high court cases involving class-action lawsuits against tech companies. The justices also are wrestling with whether to shut down a class action against Nvidia.... Read More