Cynthia Littleton Business Editor SAG-AFTRA has released the full 128-page contract that ended the actors strike on Nov. 8, with union leaders urging members to vote yes on the deal by the Dec. 5 ratification deadline.
09.11.2023 - 20:41 / justjared.com
The SAG-AFTRA strike is officially over, and new details about the union’s new contract with TV and film studios have been revealed!
On Wednesday night (November 8), it was confirmed that SAG-AFTRA, who had been on strike for 118 days, reached a tentative deal with the AMPTP on a new three-year contract.
Keep reading to find out more details…
Further details about the deal emerged on Thursday (November 9), as Variety reported that SAG-AFTRA’s new contract is worth over $1 billion over three years.
Still, the union did not get one of its top priorities: a share of revenue from each streaming platform.
Fran Drescher, SAG-AFTRA’s president, made that her top priority, arguing it was essential to transform the contract to keep up with a transformed industry. She sought 2% of streaming revenue, later cut to 1%, or about $500 million per year.
The new agreement does include a “streaming participation bonus” worth around $40 million annually, according to Duncan Crabtree-Ireland, SAG-AFTRA’s top negotiator.
Similar to terms recently obtained by the Writers Guild of America, SAG-AFTRA’s deal ensures that actors will obtain a bonus worth 100% of their residual. A portion of the money will go to those on shows that attract views amounting to 20% of a streaming platform’s subscribers in the first 90 days.
The remainder of the bonus will go to a fund administered by the union and employers and distributed to actors across a range of streaming shows.
Find out 10 star-studded movies that will resume filming following the conclusion of the SAG-AFTRA strike!
Cynthia Littleton Business Editor SAG-AFTRA has released the full 128-page contract that ended the actors strike on Nov. 8, with union leaders urging members to vote yes on the deal by the Dec. 5 ratification deadline.
Over two weeks after SAG-AFTRA reached a deal with the studios and ended their nearly four-month long strike, the actors guild has just released the full text of the tentative agreement.
Matthew Modine voted against SAG-AFTRA’s tentative agreement with the studios once, and he’s damn sure going to vote against it again.
Matthew Modine voted against SAG-AFTRA’s tentative agreement with the studios once, and he’s going to vote against it again.
Less than 48 hours before SAG-AFTRA members begin voting on ratifying their new deal with the studios, the actors guild has released an extensive summary of the potential three-year contract.
Following today’s vote by the majority of SAG-AFTRA‘s National Board to approve the tentative agreement reached with studio CEOs and the AMPTP earlier this week, the actor’s guild has released more details of the deal.
The studios wasted no time Friday responding to the SAG-AFTRA National Board’s vote to approve the new tentative agreement between the guild and the AMPTP.
SAG-AFTRA President Fran Drescher and National Executive Director and Chief Negotiator Duncan Crabtree-Ireland on Friday laid out how the actors’ 118-day strike was ended and their thoughts on the deal with the AMPTP.
SAG-AFTRA national board approved its new contract with the major studios with an 86% approval vote, sending it to membership for ratification. The official approval was announced by the guild at a press conference Friday afternoon, which finally got started at around 3:20 p.m. after an 80-minute delay.
The actors are set to vote on the tentative agreement with the studios after the SAG-AFTRA national board approved the deal.
In a full-circle moment, SAG-AFTRA President Fran Drescher is holding a press conference at 2 p.m. today in the James Cagney Boardroom of the guild’s Wilshire Boulevard headquarters, the same place that she fired up the troops with her strike-launching speech on July 13.
The International Federation of Actors (FIA) has praised SAG-AFTRA for taking on an “incredible fight for all performers around the world.
EXCLUSIVE: “We know that generations from now they’ll be talking about this seminal contract and reaping the benefits of it in the way that we have been for the last 65 years with a contract that was negotiated when Ronald Reagan was in my position,” says SAG-AFTRA president Fran Drescher of the new contract the actors guild made with the studios on Wednesday after 118 days on strike.
Gene Maddaus Senior Media Writer SAG-AFTRA‘s new contract is worth more than $1 billion over three years. But the union did not get one of its top priorities: a share of revenue from each streaming platform. Fran Drescher, the union president, made that her top priority, arguing it was essential to transform the contract to keep up with a transformed industry.
Ellise Shafer U.K. entertainment unions Bectu and Equity are celebrating the tentative agreement between SAG-AFTRA and the AMPTP that is set to end the longest actors strike in Hollywood history. In an announcement on Wednesday, SAG-AFTRA said that the 118-day strike would officially end on Thursday at 12:01 a.m.
SAG-AFTRA is back to work after a successful strike!
Tyler Perry is speaking out on the SAG-AFTRA strike, now in its 117th day, as it appears a possible deal is getting much closer.
Sunday did not see a lot of action between SAG-AFTRA and the studios as the actors guild strike hit its 115th day.
EXCLUSIVE: Today’s meeting between SAG-AFTRA and an expanded group of studio CEOs has just ended as the guild scrutinizes the AMPTP‘s long awaited response to their last comprehensive counter.
SAG-AFTRA President Fran Drescher took to Instagram to express her condolences over the passing of Friends star Matthew Perry.