Actors and major Hollywood studios have reached an agreement that puts an end to the strike that has paralyzed film and series production in the United States for months and is costing the North American economy billions.
The strike will officially end this Thursday, the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) announced this Wednesday in a statement.
An “agreement in principle” was reached after 118 days of strike by actors, who demanded better salaries in an industry hit by the arrival of transmission and seeking safeguards against artificial intelligence.
The exact content of the agreement has not yet been revealed, but “more details will be released” on Friday, the union promised.
SAG-AFTRA’s 160,000 actors, dancers and stuntmen still must approve the new collective bargaining agreement in a vote before big stars and extras can return to the set and allow filming to resume.
Over the past two weeks, negotiations with management have taken place almost daily, often with the CEOs of Disney, Netflix, Warner Bros and Universal at the table.
The need to put an end to this social movement was increasingly pressing.
Apart from a minority of big-name celebrities, most actors found it increasingly difficult to survive and some had to look for other jobs. Studios, for their part, had gaping holes in their release schedules for next year and beyond.
After the postponement of major productions, such as the second part of the “Dune” saga and the series “Stranger Things”, the studios want to get back to work as soon as possible.
Source: TSF
