SAG-AFTRA has become the latest Hollywood union to acknowledge the rise of verticals .
The performers’ union stated on Monday that a contract specifically tailored to the booming microdrama format would be forthcoming by the end of the month. This “Verticals Agreement” will cover projects that have budgets of under $300,000, in keeping with the typically small budgets and tight turnarounds of these made-for-mobile titles.
SAG-AFTRA president Sean Astin called verticals an “exciting new space” in a statement. “This fast-evolving format is catching on and we are here to support our performers as they pursue their craft and engage this new business model,” Astin said. “By offering a contract that is tailored to the unique needs of these projects, our union is meeting the moment. As the b