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Breaking News: SAG-AFTRA and Studios Near Deal as Negotiations Enter Final Stretch
• SAG-AFTRA and the studios are in the final stretch of negotiations for a new three-year deal.
• Talks have included proposals about Artificial Intelligence (AI) and fair compensation for streaming shows.
• SAG-AFTRA has organized picket lines at major studios to make their voice heard.
• Both sides remain confident that an agreement is within reach, with the studios offering higher rates and bonuses for streaming content success.
• As the industry looks to recover, progress is being made and there is optimism that a deal will be finalized soon.
After a weekend of intense negotiations, the actors union SAG-AFTRA and the studios are considering closing a new three-year contract. Although talks will pause for a day, both parties remain optimistic that a deal will be reached soon.
In a message to its members, SAG-AFTRA acknowledged that all proposals, including AI, had been discussed with the studios. They encouraged members to make their voices heard by joining picket lines in the morning.
Currently, SAG-AFTRA has planned a week of pickets at major studios in Los Angeles and New York City.
The negotiations are not only focused on AI but also on fair compensation for actors in streaming shows. The details of the talks have been kept under wraps, but both sides express confidence that an agreement is within reach.
Negotiation teams from both SAG-AFTRA and the studios have been in regular communication throughout the day. While studio executives were absent from recent Zoom calls, there seems to be a more positive outlook on finding common ground.
Although challenges remain, such as determining streaming revenue for actors, progress is being made. Talks resumed after a 12-day suspension, with the studios offering higher rates and bonuses for streaming content success.
As the industry looks to recover and resume production, both SAG-AFTRA and the studios understand the importance of reaching a fair agreement. While the situation is still fluid, there is optimism that a deal will be finalized in the coming days.
Don’t miss out on the latest developments in this crucial negotiation. Stay informed and support SAG-AFTRA on the picket lines.