SAG-AFTRA Talks Extended, Strike Continues Amid Ongoing Compensation Negotiations

Ongoing negotiations see studios raising wage offers while union adjusts its demand; significant impact being felt in Hollywood as film releases are delayed and future programming schedules become uncertain.

• Talks between SAG-AFTRA and the Alliance of Motion Picture and Television Producers resumed after nearly two weeks of pause where both sides have been trading proposals over several days, showing some negotiation on key issues like wage increase and compensation for members working with streaming platforms.
• SAG-AFTRA strike, now in its 107th day, is causing significant impact in Hollywood with delays in film releases and uncertain future programming schedules. Big movie productions like Disney's Snow White and Pixar's Elio are already delayed for over a year amid the ongoing strike.
• There is a growing pressure on both sides to progress as studios fear the impact on their 2024 movie and broadcast schedules and express anxiety for the future of global TV and feature productions which halted since actors walked out on July 14, 2023.
• Guild leadership, including Fran Drescher and Duncan Crabtree-Ireland, have expressed the need to overhaul the outdated residual payment structure that has not accommodated streaming. They argue that current short episodic streaming orders are the new standard, replacing the long-running broadcast series that previously offered actor's their annual cushion.
• While performers hold their ground, pushing for a fair compensation system, studio executives argue that a subscriber charge for streaming services would backfire on actors if there is a decline in a service's subscribers. The AMPTP believes a performance-based measure of revenue share is a better approach.

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