The 160,000-strong actors union (SAG-AFTRA) reached a tentative deal with the body representing Hollywood studios (AMPTP) last night, ending the 118-day strike that halted most film, series and television production since July 14.
What’s next?
Details of the three-year agreement will be announced on Friday, after which the actors’ guild members will vote to ratify or reject it. For now, all members can resume working.
SAG-AFTRA says the deal is worth over $1 billion and comes with “unprecedented provisions for consent and compensation that will protect members from the threat of AI” as well as a “streaming participation bonus.”
The strike saw actors, program hosts, broadcaster journalists, dancers, DJs, puppeteers, recording artists, singers, stunt performers, voiceover artists, and other professionals picket outside studios like Paramount, NBCUniversal, Disney, Netflix, and more for the past four months.
Productions restart
Hollywood has been at a standstill since May when writers went on a strike, and July saw actors joining them on the picket line. As both the unions have deals (writers received a tentative offer in September), the TV and movie industries are ready to get back to work. Shoots for films like Deadpool 3, Gladiator 2, Beetlejuice 2 and Venom 3 are expected to resume as early as this week, reports Deadline.