Hollywood’s strikes are over
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Members of the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) voted in favor (78.33 percent to 21.67 percent) of the agreement negotiated last month with the Alliance of Motion Picture and Television Producers (AMPTP) that represents the studios.
The new deal runs through June 30th, 2026, following the first time in 63 years that the unions for actors and writers were on strike at the same time.
SAG-AFTRA:
The deal includes more than $1 billion in new compensation and benefit plan funding, along with outsized gains to the traditional residuals formulas. It offers a new compensation model for performers working in streaming, with a substantial bonus on top of existing residuals structures, plus compensation escalation for principal and background actors. Additionally, the deal establishes detailed informed consent and compensation guardrails for the use of AI, hair and makeup equity, meaningful protections for the casting process, sexual harassment prevention protections and more.
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