On the night of Wednesday, November 8, to Thursday, November 9, the actors’ trade union (with approximately 160,000 members) accepted a three-year contract proposed by the Alliance of Motion Picture and Television Producers. The association includes the largest film and television studios such as Disney, Netflix, Discovery, Amazon and Warner Bros.
End of the actors’ strike. SAG-AFTRA reached an agreement with the studios
Details of the compromise have not yet been disclosed, but it is known that it will include, among other things, a provision on pay raises and salary regulations related to streaming. In addition, the new agreement will also regulate the conditions of use of artificial intelligence by creators.
“On November 9, after 12 p.m., our strike will officially become history and all pickets are suspended,” announced representatives of the trade union. Formally, SAG-AFTRA members must approve the new contract in a member vote, but actors can now return to work. This is a historic moment, Hollywood productions have been suspended since the beginning of May this year.
Actors return to work after 118 days of strike
“In a new agreement valued at approximately one billion dollars, we have reached an agreement of unprecedented scope,” SAG-AFTRA said in an official statement. It is estimated that half a year of strikes in Hollywood cost the economy over $6.5 billion in losses.
After announcing the preliminary agreement, the actors shared their joy at returning to work with their fans. As reported by Deadline, in the near future work will be resumed on highly anticipated productions such as “Deadpool 3” with Ryan Reynolds and Hugh Jackman, which has been 50 percent completed, “Gladiator 2” from Paramount or “Beetlejuice 2” by Warner Bros. In addition, the creators responsible for Sony’s “Venom 3” and Clint Eastwood’s “Juror 2” will resume filming.
Source: Gazeta

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