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SAG-AFTRA Agrees To Contract Extension With Studios As Negotiations Continue

The US actors’ union and Hollywood studios announced in a statement on Friday that the two sides had agreed to extend their current labor deal through 12 July, hours before a midnight deadline.

by morty
July 1, 2023
in TV News
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SAG-AFTRA Agrees To Contract Extension With Studios As Negotiations Continue

The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) is a labor union that represents over 160,000 actors, broadcasters, recording artists, and other media professionals in the United States. In June 2023, SAG-AFTRA’s current contract with the Alliance of Motion Picture and Television Producers (AMPTP) expired, and the two sides have been unable to reach a new agreement. This has led to the possibility of a strike, which would be the first for SAG-AFTRA since 2000.

In June 2023, the guild voted to authorize a strike if its negotiating committee fails to reach an agreement on a new contract with major Hollywood studios by June 30. On June 27, a reported over 300 actors signed a letter threatening to go on strike. Signatories include Jennifer Lawrence, Meryl Streep, Rami Malek and Amy Schumer. Signatories, as at June 28, have since reached 1,000 members.

The holiday weekend has officially begun 😎 Thank you for your #SAGAFTRAstrong #solidarity on the #WGAstrike picket lines! #1u 💪 pic.twitter.com/htYTleXGhK

— SAG-AFTRA (@sagaftra) July 1, 2023

The main issues at stake in the negotiations are compensation, residuals, and healthcare. SAG-AFTRA is seeking significant increases in all three areas, arguing that they are necessary to keep up with rising costs of living and the changing landscape of the entertainment industry. The AMPTP, on the other hand, is resisting these demands, arguing that they would be too costly for studios and networks. Further issues include limiting the use of self-tape auditions, and preventing the use of artificial intelligence within the entertainment industry.

If a strike does occur, it would have a significant impact on the entertainment industry. Production on films and television shows would be halted, and thousands of jobs would be lost. The strike would also likely delay the release of many major movies and TV shows.

It is still too early to say whether or not a strike will actually happen. SAG-AFTRA and the AMPTP are continuing to negotiate, and it is possible that they will reach an agreement before the deadline. However, if they do not, a strike is a real possibility.

Here are some of the key things to know about the SAG-AFTRA strike:

  • The strike would affect all SAG-AFTRA members, including actors, directors, writers, and other media professionals.
  • Production on films and television shows would be halted, and thousands of jobs would be lost.
  • The strike would likely delay the release of many major movies and TV shows.
  • The strike could have a significant impact on the economy, as the entertainment industry is a major driver of economic activity.

It is important to note that the SAG-AFTRA strike is still a possibility, but it is not guaranteed. The two sides are still negotiating, and it is possible that they will reach an agreement before the deadline. However, if they do not, a strike is a real possibility.

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