Tonight a major breakthrough with the current SAG-AFTRA strike has happened. The TV/Theatrical Negotiating Committee voted unanimously to approve a tentative agreement with the AMPTP. As of 12:01am on November 9, the strike is officially suspended, and all picket locations are closed.
I know many of our readers, as well as family members, work in the industry and have been affected financially by the strikes this year. It’s been a long run, and I must tip my hat with how they have stayed the path. I hope this will finally end, and our friends and family members can return to the work they love to do.
Full details of the agreement will not be provided until the tentative agreement is reviewed by the SAG-AFTRA National Board.
“We have arrived at a contract that will enable SAG-AFTRA members from every category to build sustainable careers. Many thousands of performers now and into the future will benefit from this work.”SAG-AFTRA
SAG-AFTRA states, in a contract valued at over one billion dollars, we have achieved a deal of extraordinary scope that includes “above-pattern” minimum compensation increases, unprecedented provisions for consent and compensation that will protect members from the threat of AI, and for the first time establishes a streaming participation bonus. Our Pension and Health caps have been substantially raised, which will bring much-needed value to our plans. In addition, the deal includes numerous improvements for multiple categories, including outsize compensation increases for background performers and critical contract provisions protecting diverse communities.
In the Studios statement, they said that the actors will get “the biggest contract-on-contract gains in the history of the union, including the largest increase in minimum wages in the last forty years; a brand new residual for streaming programs; extensive consent and compensation protections in the use of artificial intelligence; and sizable contract increases on items across the board.”