SAG-AFTRA and Hollywood’s major studios are set to resume negotiations next week, bringing hope for resolution in the ongoing contract talks.
• On Tuesday, 24th October, SAG-AFTRA and the AMPTP are set to resume talks about a potential contract resolution.
• Pressure is mounting on SAG-AFTRA leadership as the strike has passed its 100th day.
• Hollywood icon George Clooney has proposed his plan for higher streaming residuals, causing unrest among the top brass of SAG-AFTRA.
• Negotiations bring renewed hope for a resolution and an end to the strike.
The renewed discussions were announced on the 100th day of the SAG-AFTRA strike.
In a joint statement, SAG-AFTRA and the Alliance of Motion Picture and Television Producers confirmed that negotiations will occur on Tuesday, October 24th, at SAG-AFTRA Plaza.
The presence of several executives from the AMPTP member companies adds to the significance of the upcoming meeting.
This development follows a halt in talks nearly two weeks ago, with the management citing significant differences in their positions. However, the pressure is mounting on SAG-AFTRA leadership to find a solution and avoid the union’s first industry-wide strike since 1980.
Even Hollywood icon George Clooney has thrown his ideas into the mix, proposing a different approach to securing higher streaming residuals. This alternative proposal has caused unrest among the top brass of SAG-AFTRA, highlighting the urgency to find a resolution.
Overall, the resumption of negotiations brings renewed hope for progress in the contract talks and a potential end to the strike that has lasted for 100 days.