Screen Actors Guild of America SAG-AFTRA and Hollywood studios reached a point this Wednesday “Billion dollar” interim agreement To end a strike that lasted almost four months.
“We are excited and proud to tell you this today. TV/Theater Negotiating Committee unanimously approved a provisional agreement (…) our strike was officially suspended and all pickets were withdrawn. In the statement made by the union, it was stated that it will contact you in the coming days to provide information about the celebration meetings across the country.
The deal includes a contract “worth more than” $1 billionIt will raise the minimum wage “above average” and introduce “unprecedented provisions on consent and compensation” (about 934 million euros) in order to protect the image of actors against the “threats” of Artificial Intelligence.
Also, for the first time, players Bonuses for joining live broadcast services improvements to pension and health insurance limits, among other extra compensation.
“We have reached an agreement that will allow SAG-AFTRA members in all categories to build sustainable career. “Thousands of artists will benefit from this work now and in the future,” the union said.
However, details of the contract will not be released until the SAG-AFTRA National Board reviews the contract. interim agreementIt needs to be approved by the union members.
Members last month Writers Guild of America (WGA) reached a deal with Hollywood following a strike that paralyzed production in much of the country’s film industry for five months.
WGA went on strike May 2 and the work stoppage reached its 145th day this Saturday, two weeks shy of the longest strike in union history, which lasted 154 days in 1988. The Screen Actors Guild of America (SAG-AFTRA) also joined the union. Strike on July 14 in solidarity with the screenwriters.