SAG-AFTRA Celebrates Resolution of Actors Strike & Offers Sneak Peek of Studio Partnership
SAG-AFTRA's powerful response to the end of the actors' strike and a glimpse into their exciting new deal with studios A game-changer in the industry!
Article Overview
SAG-AFTRA announces the end of their strike and tentative approval of a new deal with the studios in a celebratory statement.
The revised
The new deal offers substantial salary increases, safeguards against AI-related issues, and a bonus for participation in streaming. Moreover, the pension and health caps have been raised. This contract asserts to benefit all SAG-AFTRA members by offering long-lasting careers and enhanced provisions for background performers and diverse communities.
SAG-AFTRA acknowledges the resolution of the actors' strike and alludes to their forthcoming agreement with the studios. After aligning with the writers guild, who were also on strike, the actors guild initiated the strike in July. Today marks the provisional end of the SAG-AFTRA strike, as the guild negotiators have sanctioned a new agreement with the studios.
Below is the response from SAG-AFTRA regarding their triumph in the strike:
We are delighted and honored to inform you that today, your TV/Theatrical Negotiating Committee unanimously voted to approve a tentative agreement with the AMPTP. We are pleased to announce that as of 12:01am PT on Nov. 9, our strike is officially suspended and all picket locations are now closed. We will be contacting you in the upcoming days with details about celebration gatherings across the country.
Under a contract valued at over one billion dollars, we have accomplished an agreement of remarkable breadth. This includes "above-pattern" minimum compensation increases, unprecedented measures for consent and compensation that will safeguard members from the threat of AI, and the introduction of a streaming participation bonus for the first time. Furthermore, our Pension & Health caps have been significantly raised, providing added value to our plans. Additionally, the agreement incorporates numerous enhancements for various categories, including substantial compensation increases for background performers, and crucial contract provisions to protect diverse communities.
The contract we have achieved allows SAG-AFTRA members from all categories to establish long-lasting careers. Numerous performers, both present and future, will derive significant advantages from this accomplishment. The complete details of the agreement will be disclosed once the SAG-AFTRA National Board reviews the tentative agreement.
We express our gratitude to our fellow union members, the hardworking individuals who drive this industry, for their unwavering support during both our strike and the Writers Guild of America's strike. Our unity strengthens us, and we assure you that we will stand by your side whenever you require our assistance.
We extend our heartfelt appreciation to each and every one of you for your unwavering dedication, unwavering commitment, and unwavering solidarity throughout this strike. It is solely due to YOUR efforts that these advancements have become achievable.
In solidarity and gratitude,
Your TV/Theatrical Negotiating Committee
More to come…
Source: SAG-AFTRA
Editor's P/S
As a passionate fan, I am thrilled to hear about the resolution of the actors' strike and the SAG-AFTRA's new partnership with the studios. This is a major victory for actors and other industry professionals, and it will have a positive impact on the entire entertainment industry.
The new deal offers substantial salary increases, safeguards against AI-related issues, and a bonus for participation in streaming. These are all important wins for actors, who have been facing increasing challenges in recent years. The pension and health caps have also been raised, which will provide much-needed financial security for many members.
I am also excited about the potential of the SAG-AFTRA's new partnership with the studios. This partnership will create new opportunities for actors and other industry professionals, and it will help to ensure that the entertainment industry remains a vibrant and thriving place.
Overall, I believe that the resolution of the actors' strike and the SAG-AFTRA's new partnership with the studios are major steps forward for the entertainment industry. These developments will benefit actors, other industry professionals, and fans alike.
