SAG-AFTRA and Studios Optimistic About Ending Strike as Negotiations Continue

Union's proposed success-based streaming compensation and AI regulation remain key points as studios warn of irreparable damage to 2024 movie slate if agreement isn't reached soon.

• SAG-AFTRA, the largest Hollywood union, and the Alliance of Motion Picture and Television Producers have yet to reach an agreement but remain optimistic about ending the ongoing strike after several days of negotiations.
• Key points of contention in the negotiations include the union's demand for additional compensation from streaming work and stricter regulations on the use of artificial intelligence.
• Studios have warned the union that if a resolution is not reached by the first week of November, their 2024 summer movie projects may be severely affected and negotiations could break off until after the New Year.
• Over several thousand members of SAG-AFTRA have shown their support to the union leaders by signing a letter that encourages them not to compromise despite the difficulties of the strike.
• Despite the ongoing strike, there is increasing hope in Hollywood that a resolution is imminent and work may resume soon.

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