SAG-AFTRA suspends strike, announces tentative deal with Hollywood studios
Strike activity is to be 'suspended' at 12:01 am on November 9th, union announces
A tentative deal between the actors’ union SAG-AFTRA has been reached with Hollywood studios, potentially ending the strikes that have crippled Hollywood for months.
“As of 12:01am on November 9, our strike is officially suspended and all picket locations are closed,” SAG-AFTRA stated in a release to members.
“In a contract valued at over one billion dollars,” the union announced, “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 combined strikes—which includes a nearly five-month writers’ strike that ended in September—have cost California’s economy an estimated $5 billion and forced the delayed release of dozens of major movies and TV shows.
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