Hollywood strike ends – Actors and studios agree

It reached its end after 118 days a of the largest strikes in Hollywood history after SAG-AFTRA, the union representing tens of thousands of actors, reached a “trial agreement” with Hollywood studio executives on Wednesday.

The union, which represents about 160,000 members in the industry and has been on strike since July 14 causing major disruption to Hollywood productions, has announced that the longest strike in its history will end at 12.01am. local time on Thursday after “unanimous vote”.

The agreement comes after the union’s negotiating committee spent days discussing various issues it deemed “essential,” including artificial intelligence.

It followed a “last, best and final” offer during negotiations from the Alliance of Motion Picture and Television Producers (AMPTP) – the group representing studios, streaming services and producers

The tentative agreement will go to Sag-Aftra’s national board on Friday “for review,” the union said.

However, a statement from the association said that achieved an “excellent” deal in a contract “worth more than a billion dollars,” including protection against the threat of artificial intelligence and “unprecedented consent and indemnification provisions.”

He continued: “We have reached a contract that will enable Sag-Aftra members from every category to build sustainable careers. Many thousands of artists now and in the future will benefit from this work.”

Hollywood has been at a standstill for months following strikes by both actors and writers.

Last September, the Writers Guild of America (WGA), which represents more than 11,000 members, agreed to a settlement with studio bosses.

Source: skai.gr

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