![[US] Tentative SAG-AFTRA deal to end ongoing strike](http://globalpayrollassociation.com/cdn/shop/articles/bigstock-LOS-ANGELES--NOV------Th-413343919_1_1200x.jpg?v=1699515729)
On November 8, SAG-AFTRA - the union representing approximately 160,000 actors - reached a tentative deal with major TV and movie studios that will suspend the ongoing strike that began more than three months ago, Yahoo reports.
In a press release announcing the deal, the union said, "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."
Further details of the agreement will reportedly be released on November 10 once the deal goes to the SAG-AFTRA National Board for review and consideration.
On November 9, SAG-AFTRA posted on X (formerly Twitter) to say that the strike was "suspended as of 12:01 a.m."
The Alliance of Motion Picture and Television Producers also released a statement last night. It said the organisation was "pleased" to have reached a tentative deal.
"Today’s tentative agreement represents a new paradigm. It gives SAG-AFTRA the biggest contract-on-contract gains in the history of the union, including the largest increase in minimum wages in the last forty years; a brand new residual for streaming programs; extensive consent and compensation protections in the use of artificial intelligence; and sizable contract increases on items across the board. The AMPTP is pleased to have reached a tentative agreement and looks forward to the industry resuming the work of telling great stories," the statement read.
In a further post on X, SAG-AFTRA shared similar details. It told members that the contract is valued at "over one billion dollars," and 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."
Source: Yahoo
(Quotes via original reporting)
On November 8, SAG-AFTRA - the union representing approximately 160,000 actors - reached a tentative deal with major TV and movie studios that will suspend the ongoing strike that began more than three months ago, Yahoo reports.
In a press release announcing the deal, the union said, "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."
Further details of the agreement will reportedly be released on November 10 once the deal goes to the SAG-AFTRA National Board for review and consideration.
On November 9, SAG-AFTRA posted on X (formerly Twitter) to say that the strike was "suspended as of 12:01 a.m."
The Alliance of Motion Picture and Television Producers also released a statement last night. It said the organisation was "pleased" to have reached a tentative deal.
"Today’s tentative agreement represents a new paradigm. It gives SAG-AFTRA the biggest contract-on-contract gains in the history of the union, including the largest increase in minimum wages in the last forty years; a brand new residual for streaming programs; extensive consent and compensation protections in the use of artificial intelligence; and sizable contract increases on items across the board. The AMPTP is pleased to have reached a tentative agreement and looks forward to the industry resuming the work of telling great stories," the statement read.
In a further post on X, SAG-AFTRA shared similar details. It told members that the contract is valued at "over one billion dollars," and 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."
Source: Yahoo
(Quotes via original reporting)