“Two words describe this agreement — groundbreaking and substantial,” said Gil Cates, chair of the DGA’s Negotiations Committee. “The gains in this contract for directors and their teams are extraordinary — and there are no rollbacks of any kind.”

The was announced Thursday afternoon following six days of talks at AMPTP with sweeping reports that the directors quickly reach an agreement with the majors. Deal, if ratified by the 13,500 DGA members, will take effect on July 1.

DGA touted a trio of new-media gains:

• Establishing DGA jurisdiction over programs produced for distribution on the Internet;
• Boosting the residuals formula for paid Internet downloads (electronic sell-through) by double the current rate;
• And establishing residual rates for ad-supported streaming and use of clips on the Internet.