After 118 days of halted productions and negotiations, Hollywood actors, represented by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA), have reached a tentative deal with the Alliance of Motion Picture and Television Producers (AMPTP) to bring an end to their strike.
The SAG-AFTRA TV/Theatrical Committee unanimously approved the tentative agreement, signaling the conclusion of the strike, which officially ends at 12:01 a.m. on Thursday, November 9. The agreement, valued at over one billion dollars, encompasses a wide range of provisions aimed at addressing various concerns raised by the actors’ union.
According to a statement by SAG-AFTRA to the Los Angeles Times, the deal includes “above-pattern” minimum compensation increases, innovative provisions for consent and compensation to protect members from potential threats of artificial intelligence (AI), and the establishment of a streaming participation bonus. Additionally, the union highlighted substantial raises in Pension & Health caps, offering increased value to members’ plans. The agreement boasts numerous improvements across categories, including significant compensation increases for background performers and critical contract provisions safeguarding diverse communities.
However, the full details of the deal will not be disclosed until after the tentative agreement undergoes a thorough review by the SAG-AFTRA National Board. Once the board approves the agreement, the union will conduct a vote among its members.
Since the actors initiated the strike in mid-July, numerous Hollywood productions experienced interruptions, leading to delayed release dates for highly anticipated films such as Disney’s live-action Snow White, Spider-Man: Beyond the Spider-Verse, Dune: Part Two, Beetlejuice 2, and Deadpool 3.
The Writers Guild of America (WGA) also faced a strike impacting various productions, with writers on strike for nearly 150 days before reaching a deal with the AMPTP in September. The conclusion of the actors’ strike now brings a sense of relief to the entertainment industry, paving the way for resumed productions and the eventual release of delayed films.