SAG-AFTRA and the Studios Reach an Agreement- Hollywood Will Return to Work!
After 118 days, the SAG-AFTRA strike is officially over as studios have reached a new contract with the actors guild.
Following a grueling day of negotiations, the strike will officially end at 12:01 a.m. PT on November 9 after the guild’s 17-member negotiating committee unanimously voted to recommend the tentative agreement to the SAG-AFTRA board.


SAG-AFTRA strike. Mike Blake also Reuters
The agreement is the fruit of the latest round of negotiations that began on October 24. On the studio side, deliberations were led by Disney’s Bob Iger, Netflix’s Ted Sarandos, NBCUniversal’s Donna Langley, and Warner Bros Discovery’s David Zaslav.
An “Historic” Agreement
The new offer from the studios was described as “historic” by management leaders. After the initial offer was made, an expanded group of studio heads including executives from Paramount, Amazon, and Apple joined with “Gang of Four” to brief SAG-AFTRA on the AMPTP’s new offer.


Disney CEO Bob Iger. Photo: Also Getty
“We didn’t just come toward you, we came all the way to you,” Sarandos told guild leaders Saturday.


The SAG-AFTRA strike is over. Photo: NBS News
Should the union’s members agree on the new contract, Hollywood will have labor peace for the first time in six months. It is expected that union members will quickly return to work and production will ramp up as soon as the agreement is ratified.
Increased Wages and AI Protections
While the new terms of the deal are not yet public, it is expected that the new contract will include significant pay increases and sweeping AI protections.


Hollywood will soon be back to work. Photo: Wikipedia
With the summer 2024 box office in peril, the two sides have finally reached an agreement. Hopefully, Hollywood will be back to work soon.
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