SAG-AFTRA reached a new deal with TV and theatrical producers AMPTP. About 38% of members voted, and the contract passed with 78.33% support.
The Hollywood actors’ strike, lasting 118 days since July 14, concluded on November 9 after SAG-AFTRA’s negotiating committee reached a tentative agreement with AMPTP.
According to the union, the new contract includes “more than $1 billion in new compensation and benefits plan funding, along with outsized gains to the traditional residuals formulas.”
Actors on streaming platforms will now get extra bonuses on their pay, in addition to their regular earnings, thanks to a new compensation model.
The agreement introduces updated rules on AI use, fair compensation for various aspects, including hair and makeup, and more, with the union emphasizing “meaningful protections” for casting and new measures against sexual harassment.
On Tuesday, SAG-AFTRA President Fran Drescher shared that she is “proud” of the union’s membership.
“They struck for 118 days to grant the TV/Theatrical Negotiating Committee the necessary leverage to secure over $1 billion in gains, along with the union’s first-ever protections around AI technology,” she said.
“Now they’ve locked in the gains by ratifying the contract,” Drescher continued. “SAG-AFTRA members have remained incredibly engaged throughout this process, and I know they’ll continue their advocacy throughout our next negotiation cycle. This is a golden age for SAG-AFTRA, and our union has never been more powerful.”
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