Sharesale
Entertainment NewsSAG-AFTRA and Studios Resume Contract Talks Today

SAG-AFTRA and Studios Resume Contract Talks Today

Date:

SAG-AFTRA and studios are back at the negotiation table, aiming to resolve the ongoing strike. After a day of renewed contract discussions, both parties are set to continue their talks on .

Key Takeaways:

  • SAG-AFTRA and Hollywood studios resumed contract talks.
  • The guild informed members that discussions will continue on Wednesday.
  • The Alliance of Motion Picture and Producers (AMPTP) represents the studios in these talks.
  • The previous round of talks saw AMPTP abruptly ending discussions over the guild’s proposed revenue sharing structure for services.
  • Direct meetings are now expected to occur daily.
  • The actors’ strike has lasted for 103 days, marking the longest strike by SAG-AFTRA against film and TV productions.

Continued Negotiations

Today, the CEOs returned to the negotiation table, with SAG-AFTRA leaders emphasizing the importance of direct communication with members. They urged members to rely on official updates and to continue their presence on the picket lines.

Previous Discussions

Earlier, SAG-AFTRA negotiators met with AMPTP at the guild’s headquarters. This meeting took place nearly two weeks after AMPTP halted discussions over the guild’s proposed revenue sharing for streaming platforms.

Streaming Compensation: The Central Issue

The key challenge in these negotiations is reaching an agreement on streaming compensation. While the accepted a viewership bonus model, SAG-AFTRA insiders believe this model is too restrictive. Instead, the guild has proposed a 57 cents per subscriber levy, which would be distributed to members whose is showcased on streaming services.

Other Pending Issues

Apart from streaming compensation, other issues are yet to be resolved. These include minimum wages and specific contract points tailored for actors.

Impact of the Strike

The ongoing actors’ strike, which has now surpassed 103 days, is the longest strike SAG-AFTRA has ever initiated against film and TV productions. This strike has significantly impacted Hollywood’s schedule. For instance, Paramount recently announced a delay in the release of “Mission: Impossible 8” from June 2024 to May 2025.

Conclusion

As SAG-AFTRA and Hollywood studios return to the negotiation table, the and its audience await a resolution. The outcome of these discussions will shape the future of streaming compensation and other critical aspects of the film and TV world.

Source: TheWrap

spot_img
Megan Dianehttps://www.projectcasting.com
Hi, I'm Megan Browne, the Head of Partnerships at Project Casting - a job board for the entertainment industry. As Head of Partnerships, I help businesses find the best talent for their influencer campaigns, photo shoots, and film productions. Creating these partnerships has enabled me to help businesses scale and reach their true potential. I'm excited to continue driving growth by connecting people with projects they're passionate about.

More like this
Related

Netflix’s New Thriller Series ‘His & Hers’ Welcomes Star-Studded Cast

Key Takeaways: - Tessa Thompson is set to star in...

Supernatural: Eric Kripke Departs After Five Seasons For Fear of Slipping in Quality

Key Takeaways: - Eric Kripke, the creator of Supernatural, left...

Good News for Cronenberg Fans – “The Shrouds” Coming to the U.S. in 2025

Key Takeaways: - "The Shrouds" by David Cronenberg has been...

Captain America: Brave New World–What We Know So Far

Key Takeaways: - Samuel Wilson, aka The Falcon, is set...