Hollywood Studios, Actors Reach Tentative Deal to End Strike
November 9, 2023
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1:00Now PlayingHollywood Studios, Actors Reach Tentative Deal to End Strike
YouTube Description
as posted by the channelA historic 118-day strike that halted television production, delayed movie releases and shut down much of the entertainment industry has ended after Hollywood studios and the union representing some 160,000 actors reached an agreement on a new three-year contract.
The SAG-AFTRA TV/Theatrical Committee approved the tentative deal in a unanimous vote, according to a statement Wednesday from the union. The strike, which began in July, ended at 12:01 a.m. in Los Angeles on Thursday.
With previously striking writers already back on the job for more than a month, the settlement with actors means production of scripted TV shows and movies can resume soon. The union said it negotiated a contract worth over $1 billion that includes unprecedented restrictions on the use of artificial intelligence to re-create an actor’s likeness, as well as the first-ever performance-based bonuses paid by streaming services.
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