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Listen: SAG AFTRA awaits response
SAG-AFTRA Awaits Studios’ Response to AI Proposals Amidst Non-Talks on the 113th Day of Actors’ Strike
• SAG-AFTRA is awaiting a response from studios regarding their AI and comprehensive counter proposals.
• Both sides remain committed to reaching a fair agreement, with no formal talks today but continued anticipation of progress.
• Although progress has been made towards streaming revenue share terms, specific details remain undisclosed.
• Guild members appeared on picket lines at various studios, including Netflix, Sony, Disney, Paramount, Warner Bros Discovery, and Amazon.
• It is estimated that labor actions have cost the California economy over $6.5 billion and 45,000 entertainment-sector jobs in the last six months.
• Paramount revealed that they have experienced approximately $60 million of idle costs due to the strikes.
SAG-AFTRA’s TV/Theatrical Negotiating Committee revealed that they eagerly anticipate a response from studios regarding their AI counterproposal and comprehensive counterproposal to the AMPTP. While today was a day of no formal talks, sources suggest that the studios are carefully considering the guild’s AI intel.
The committee stated, “Our team looks forward to continuing bargaining with the companies tomorrow,” signaling their commitment to reaching a fair agreement.
As the strike enters its 113th day, negotiations may extend into the weekend. Studio CEOs can participate in either Zoom or in-person talks if needed.
Although the guild and studios are progressing regarding streaming revenue share terms, specific details remain undisclosed. Following intense speculation, today became a waiting game, with no formal talks between the guild and the AMPTP. Nevertheless, both sides remain optimistic about reaching a favorable resolution.
While there is no news on further talks, industry insiders anticipate a response from the AMPTP shortly, which will dictate the negotiation schedule.
In regards to streaming financial revenue share for performers, it seems that both parties have found a comfortable position. However, information on this topic needs to be improved. Neither SAG-AFTRA nor the AMPTP offered comments regarding today’s developments.
On the picket lines, guild members were present at various studios, including Netflix, Sony, Disney, Paramount, Warner Bros Discovery, and Amazon. Even Duncan Crabtree-Ireland, the guild’s chief negotiator, appeared at Amazon’s Culver City headquarters.
With the WGA strike in May and the SAG-AFTRA strike in July, it is estimated that the labor actions have cost the California economy over $6.5 billion and 45,000 entertainment-sector jobs, leaving many working families without a steady income for six months.
During Paramount’s earnings call, it was revealed that the strikes have resulted in approximately $60 million of idle costs for the company. The strike’s impact on Paramount’s film slate and scripted TV remains significant.