Guild reaches tentative agreement on new contract

The Guild Thursday reached a tentative agreement with Time Inc. on a three-year contract that includes pay increases in each year of the pact as well as some other changes. The parties are working on developing language for a Memorandum of Agreement and, as soon as that is accomplished and the document is signed, details of the agreement will be announced.

A ratification meeting will be held shortly afterward to vote on the tentative agreement, which is being recommended by the negotiating committee.

The agreement was hammered out in off-the-record talks which have been ongoing since January.

The negotiating committee consist of N.Y. Guild President Bill O’Meara, Local Representative Bob Townsend, Unit Chair John Shostrom of Sport Illustrated; Jill Jaroff, Sports Illustrated; Edith Fried, Fortune, and Bernice Rohret, Sports Illustrated.