SAG-AFTRA, the union representing film and TV actors, has reached a tentative agreement that will conclude the longest strike in Hollywood history against the film and TV studios. The strike, which lasted 118 days, is set to end as the union’s national board is expected to approve the deal.
Key Developments
- The union’s negotiating committee unanimously approved the tentative agreement.
- The deal includes first-ever protections against artificial intelligence for actors.
- Actors will see a historic pay increase, with most minimums rising by 7%.
- A “streaming participation bonus” is part of the agreement, along with pension and health contribution increases.
- The contract is valued at over $1 billion in total benefits for SAG-AFTRA members.
Industry Impact
The agreement marks a significant milestone for the union, which has been negotiating for better terms, especially concerning the rise of streaming platforms and the use of AI. The deal is seen as a “massive win” for the union, bringing structural changes in compensation, particularly for streaming services.
Emotional Victory
Members of the negotiating committee expressed deep emotional relief and joy at reaching the agreement. The unanimous vote reflects the committee’s solid consensus on the deal’s benefits for the union members.
The Road Ahead
While the full details of the agreement will be disclosed following the national board vote, the union anticipates that the contract will enable SAG-AFTRA members to build sustainable careers. Celebrations are expected across the country as the union hails this achievement.
Resuming Work
With the strike officially called off, actors can return to work, bringing an end to a standstill that affected most TV and film production. The resolution comes after intensive negotiations and the direct involvement of CEOs from major studios, reflecting the high stakes and industry-wide focus on reaching a deal.
Looking Forward
The contract represents a new paradigm in the relationship between actors and studios, especially in the context of evolving technologies like AI. The industry is poised to resume its storytelling work, with an eye on preserving upcoming film and TV seasons.
For more detailed insights and the latest updates, stay tuned to Variety.
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