Hollywood actors reach tentative deal to end their strike

Date:

Share:

[ad_1]

Hollywood actors may soon be back to work. The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) have approved a tentative deal with the Alliance of Motion Picture and Television Producers (AMPTP) — the trade association representing Hollywood studios — to end their strike.

“In a unanimous vote this afternoon, The SAG-AFTRA TV/Theatrical Committee approved a tentative agreement with the AMPTP bringing an end to the 118 day strike,” SAG-AFTRA said in a statement to the Los Angeles Times. “The strike officially ends at 12:01 a.m. on Thursday, November 9.”

“In a contract valued at over one billion dollars, we have achieved a deal of extraordinary scope that 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,”the union said in a thread on X (formerly Twitter). “Our Pension & Health caps have been substantially raised, which will bring much needed value to our plans. In addition, the deal includes numerous improvements for multiple categories including outsize compensation increases for background performers, and critical contract provisions protecting diverse communities.”

Full details about the deal won’t be shared “until the tentative agreement is reviewed by the SAG-AFTRA National Board,” the union said. If the board approves the agreement, then the union will vote on it.

The Writers Guild of America’s (WGA) strike also impacted some productions. Writers were on strike for nearly 150 days before reaching a deal with the Alliance of Motion Picture and Television Producers (AMPTP) in September.

(Disclosure: The Verge’s editorial staff is also unionized with the Writers Guild of America, East.)

Update November 8th, 9:43PM ET: Added details from SAG-AFTRA’s X thread.



[ad_2]

Source link

Subscribe to our magazine

━ more like this

Crypto Crime Investigation (C.C.I) Enhances Singapore’s Safety with Innovative Pig Butchering Fraud Recovery Technology

Crypto Crime Investigation (C.C.I) is proud to announce the launch of its groundbreaking Pig Butchering fraud recovery technology, a vital initiative aimed at protecting...

U.S. Treasury removes Francisco Javier D’Agostino from sanctions list after independent review

The United States Treasury Department has removed Francisco Javier D'Agostino from its sanctions list following an independent review that confirmed his business activities were...

Expert Forensic Analysis in Investigating Crypto Investment Scams and Recovering Lost Funds

The allure of cryptocurrency investment, with its potential for high returns, has unfortunately attracted a darker side: sophisticated and deceptive scams. Victims of these...

Asia’s Certified Cryptocurrency Investigator Launches in Singapore: Pioneering Crypto Crime Investigation (C.C.I)

Singapore, – In a groundbreaking move to enhance digital asset security and bolster consumer confidence in the cryptocurrency market, the Crypto Crime  Investigation...

C.C.I Launches as the Ultimate Recovery Platform for Crypto Investors Targeted by Scams

Nevada, Florida – In response to the growing concern over cryptocurrency investment scams, C.C.I (Crypto Crime Investigation) proudly announces its official launch as the...