SAG-AFTRA, which has been on strike for 108 days, could be in the final stretch of negotiating with studios and bringing an end to the strike.
Summary SCREENRANT VIDEO OF THE DAY SCROLL TO CONTINUE WITH CONTENT SAG-AFTRA is reportedly in the final stretch of negotiating with the AMPTP to bring an end to the actors' strike. SAG-AFTRA, the leading labor union representing Hollywood actors, has been on strike for 108 days as it seeks better working conditions and protections for those in the acting industry.
As reported by Deadline, an end may be in sight for the SAG-AFTRA strike as the union and studios enter a new stage of negotiations. The deal has not been finalized, and things could still go south, but both the SAG-AFTRA and AMPTP are reportedly optimistic about the negotiations. Both sides are reportedly progressing on the most significant point of contention—success-based residuals on streaming projects.
What Do These Negotiations Mean for the SAG-AFTRA Strike? The promising update is surprising as tensions recently rose during SAG-AFTRA negotiations. Before the announcement of negotiations being in the final stretch, they had only just picked up again after a two-week pause during which the labor union alleged bully tactics after studios walked away from the negotiating table. Furthermore, there were reports that studios were willing to push negotiations to 2024 if no deal was reached.
SAG-AFTRA's attempt to land better streaming residual opportunities for its members has been complicated. The SAG-AFTRA and studios' latest proposals on this topic have not been disclosed. However, studios reportedly adjusted their success-based streaming bonuses and were met with a new proposal from SAG-AFTRA that involves subscriber charges.
Despite the previous breakdown in negotiations and the SAG-AFTRA and studios still facing a daunting task in making the latest negotiations into a full-fledged contract, both sides may see common ground as they are under pressure to end the strike. Several A-list actors were recently pressuring the SAG-AFTRA to resolve the strike, while studios are scrambling to deal with recent box office losses and film and TV show delays.
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