… we have achieved a deal of extraordinary scope …The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) announcing a tentative deal reached with the Alliance of Motion Picture and Television Producers (AMPTP), which represents major Hollywood studios. Hollywood production could resume within weeks.
Why It Matters: The tentative deal marks the end to more than six months of strikes in Hollywood’s TV and movie industry, including the Writers Guild strike that lasted from May to September and the now concluded SAG-AFTRA strike – “the longest actors strike against the film and TV studios in Hollywood history” (Variety). Members of the SAG-AFTRA union picketed for a historic 118 days to advocate for things such as increased wages, protections against the use of artificial intelligence and improved health insurance. The tentative deal made with eight major studios and streamers (such as Netflix, Disney, Warner Bros. Discovery and Amazon) will soon go to the actors guild membership for a vote.
The deal “includes ‘above-pattern’ minimum compensation increases, unprecedented provisions for consent and compensation that will protect members from the threat of AI, and for the first time establishes a streaming participation bonus.” Further details will be released in the coming days.
by Emily Hooker, based in Texas