Lynette Rice
July 04, 2017 AT 01:10 PM EDT

The actors won’t be striking, either.

Just in time for the July 4 celebration, The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) said it has reached a tentative deal with the Alliance of Motion Picture and Television Producers (AMPTP) on a new three-year contract covering movies, scripted TV, and new media production.

SAG boasted of better residuals for actors whose work streams on Netflix and Amazon, increased fees for work travel, and a reduction in exclusivity periods for those who participate in shorter seasons.

The contribution rate to the SAG Pension Plan and the AFTRA Retirement Fund also got a bit of a bump. SAG values the package at $256 million over three years. The new deal became effective on July 1. Also worth noting: The union achieved recognition of Middle Eastern North African as a diverse category in the casting data report.

“This is a forward-looking package with meaningful gains across our entire membership,” SAG-AFTRA President and Negotiating Committee Chair Gabrielle Carteris said in a statement. “We achieved significant improvements in streaming new media compensation. We also established comprehensive travel guidelines to eliminate ambiguity and provide a seasonal fee schedule for location series work.

“Over the last 18 months, I’ve met and talked extensively with members throughout the country. Those conversations, along with our comprehensive Wages and Working Conditions meetings, guided our bargaining strategy and helped build strength and unity. I am grateful to our members for their input and steadfast support which helped us achieve this excellent result.”

Like the Writers Guild before it, the SAG board had called for a strike authorization vote after initial talks with the studios failed. But also like scribes, no sojourn to the picket line was ultimately needed.

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