Hollywood actors’ union reaches tentative deal with studios, ending strike
Global News
The three-year contract agreement must be approved by votes from the SAG-AFTRA's board and its members in the coming days, but the union declared the strike over as of Thursday.
Hollywood’s actors union reached a tentative deal with studios Wednesday to end its strike, bringing a close to months of labor strife that ground the entertainment industry to a historic halt.
The three-year contract agreement must be approved by votes from the union’s board and its members in the coming days, but the leadership declared that the strike will end at 12:01 a.m. on Thursday.
At nearly four months, it was by far the longest strike ever for film and television actors.
More than 60,000 members of the Screen Actors Guild-American Federation of Television and Radio Performers went on strike July 14, joining screenwriters who had walked off the job more than two months earlier. It was the first time the two unions had been on strike together since 1960. Studios chose to negotiate with the writers first, striking a deal that their leadership marked as a major win and bringing their strike to an end on Sept. 26.
The terms of the agreement were not immediately released. SAG-AFTRA said details would be made public after a meeting on Friday where board members review the contract. Issues on the table included both short-term compensation and future royalty payments for film and TV performances, along with control over actors’ images and likenesses regenerated with artificial intelligence.
Executives from top entertainment companies including Disney, Netflix, Warner Bros. Discovery and Universal had a direct hand in negotiations, which like all Hollywood union talks were led by the Alliance of Motion Picture and Television Producers.
The end of the strike announcement came hours after Disney CEO Robert Iger and Warner Bros. Discovery CEO David Zaslav reported their latest earning statements. Both executives said they hoped the strike would be resolved soon.