- SAG-AFTRA and AMPTP have reached a tentative working agreement.
- The 118-day actors’ strike ends at midnight.
- The deal comes more than a month after SAG-AFTRA’s sister guild, the Writers Guild of America, solidified a new deal with the studios and ended its own strike.
Hollywood actors and studios have a temporary employment contract.
“In a unanimous vote this afternoon, the SAG-AFTRA TV/Theatrical Committee approved a tentative agreement with the AMPTP that ends the 118-day strike,” the actors’ guild said in a statement, adding that the strike officially ended at 9: 00 p.m. will end at 12:01 a.m. Thursday.
The tentative deal will be presented to the union’s executive board on Friday for “review and review,” the statement said, adding that further details would be announced after the meeting.
Talks between the Screen Actors Guild-American Federation of Television and Radio Artists and the Alliance of Motion Picture and Television Producers have resumed in recent days ended abruptly last monthwhich ultimately led to a tentative deal that would end the actors’ strike.
The actors’ strike, which has lasted 118 days, will end at midnight and the SAG-AFTRA board will meet Friday to consider the final deal.
The studios presented their “last, best and final offer” over the weekend, with top executives making it clear they would not make any further concessions. SAG-AFTRA spent time on Sunday and Monday evaluating the deal.
TV and film actors wanted to improve wages, working conditions, health and pension benefits, and set guidelines for the use of AI in future television and film productions. In addition, the union demanded more transparency from the streaming services about viewership numbers so that the remaining payments can be aligned with linear television.
Disclosure: Comcast is the parent company of NBCUniversal and CNBC. NBCUniversal is a member of the Alliance of Motion Picture and Television Producers.