SteadiHub
2008Legal / Business Practices forum

Rental pricing strategy for camera equipment on different union show tiers

18 years old. Gear and prices may have changed since.

What the thread found

  • Union show tiers are defined by production budget levels, with tier 1 being the highest budget and tier 3 the lowest.
  • Rental rates for the same equipment package may differ across tier levels depending on production budget classification.
  • Negotiations for equipment rental rates typically result in price reductions from initial quotes regardless of tier level.
  • East Coast union contracts include penalty clauses that increase crew rates by 25% for every $250,000 over the tier budget limit.
  • Equipment rental pricing should be negotiated based on market conditions and production circumstances rather than following fixed rate schedules.

Depends on

  • The specific budget thresholds distinguishing tiers were not clearly defined in the discussion.
  • The pricing discussion occurred in 2008 and may not reflect current market rates.
  • One participant's description of tier definitions appears to be humorous rather than technically accurate.
  • Advice about not posting rates publicly may limit the generalizability of pricing information.
  • Example given about retro payments was from an unspecified past production with unknown timeline.
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