The Screen Actors Guild (SAG) and the American Federation of Television and Radio Artists (AFTRA) have reached a tentative deal with the Alliance of Motion Picture and Television Producers (AMPTP) after a strike that lasted 118 days.
Few details of the deal have been released. AMPTP said in a statement,”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.”
Hollywood Reporter:
The union is so far providing some details of the agreement, more of which will likely emerge in the next few days prior to the union’s ratification vote. In a message to members on Wednesday night, the union said the pact is valued at over $1 billion and includes pay increases higher than what…
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