SAG-AFTRA and Hollywood Studios and Union Resume negotiations as the 2023 performers’ strike continues, with both sides still “far apart on key issues,” according to the union. Despite productive talks in the past week, several important matters remain unresolved, including AI guardrails and SAG-AFTRA’s attempt to share streaming project revenue. The union is urging members to show support on picket lines, attend rallies, and post messages of solidarity on social media.
Hopes for an imminent deal have been tempered, even as negotiations have progressed. A sense of time pressure looms, as studios have emphasized that a deal must be reached soon to prevent disruptions to the 2024 summer film slates.
The strike, which has been ongoing for 109 days as of Monday, has had a significant impact on the industry and the broader economy, contributing to a substantial economic toll. The combined effects of the actors’ strike and a previous writers’ strike were estimated to have cost nearly $6 billion.
The union remains focused on AI regulation during this contract cycle and has expressed gratitude to President Joe Biden for issuing an executive order aimed at ensuring the safe and responsible use of AI technology, with a specific focus on protecting workers from harmful applications. The union sees this order as groundbreaking and is committed to playing a leading role in shaping AI policy to ensure a human-centered approach.
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Our Reader’s Queries
Are Hollywood actors part of a union?
SAG-AFTRA union members, representing over 150,000 film and TV performers, have been casting votes on the proposed agreement for the past few weeks. The voting is scheduled to conclude on Tuesday.
Did the actors strike end after 118 days as studios union reach deal?
After 118 days, the Hollywood actors’ strike finally came to an end at midnight. SAG-AFTRA, the union representing the actors, struck a tentative deal with the major studios and streaming companies. Now, it’s up to the union members to vote and approve the new contract before they can return to work.
Has the SAG-AFTRA strike ended?
The Sag-Aftra union has officially approved its contract with Hollywood studios, just about a month after they came to an agreement that ended the major strike that caused chaos in the film and TV business.
What is the final deal with SAG-AFTRA?
SAG-AFTRA’s groundbreaking deal with the AMPTP brings about some of the most noteworthy changes to the contract in years. The agreement entails over $1 billion in fresh compensation and benefits funding, as well as substantial improvements to the standard residuals formulas.