Actors and heads of Hollywood studios suspended negotiations this Wednesday, which could mean a new delay in the resumption of the production of films and series, after long months of strike, a statement was released this Thursday.
The announcement about the suspension of negotiations came after, on Wednesday, heads of studios and platforms such as Disney and Netflix met with representatives of the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) union, which defends the interests of 160 thousand actors, specialists, dancers and other film professionals.
But in a statement on Wednesday, the studios, represented by the Association of Motion Picture and Television Producers (AMPTP), announced that the negotiation process had stopped.
“After serious discussions, it became clear that the gap between AMPTP’s positions and those of SAG-AFTRA is very large, and these discussions are no longer moving us forward in a fruitful manner,” it was described.
The AMPTP accused the actors of making excessive demands, including sharing revenue from the distribution of works on streaming platforms that “would cost more than $800 million a year.”
For the studios, this is an “unsustainable financial burden.”
They also accused the SAG-AFTRA union of rejecting salary increases already negotiated with the writers.
“We hope that SAG-AFTRA will review its positions and quickly return to negotiations,” the Hollywood studios said.
Last month, AMTP reached a wage agreement with another corporation, Hollywood screenwriters, ending a strike that lasted almost five months.
The SAG-AFTRA union did not react to the producers’ association’s statements.
Source: TSF