HOLLYWOOD ACTORS AND STUDIOS ANNOUNCE TENTATIVE AGREEMENT, ENDING HISTORIC STRIKE
A tentative agreement has been officially reached between Hollywood's actors' union and studios, ending the historic labour disruption.
SAG-AFTRA's tentative deal with the AMPTP secured "above-pattern" minimum compensation increases, provisions for consent and compensation to protect members from artificial intelligence, and streaming participation bonuses.
Dear SAG-AFTRA Members: We are thrilled and proud to tell you that today your TV/Theatrical Negotiating Committee voted unanimously to approve a tentative agreement with the AMPTP. As of 12:01 a.m. PT on Nov. 9, our strike is officially suspended and all picket locations are closed. We will be in touch in the coming days with information about celebration gatherings around the country. 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 & 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. 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. Full details of the agreement will not be provided until the tentative agreement is reviewed by the SAG-AFTRA National Board. We also thank our union siblings — the workers that power this industry — for the sacrifices they have made while supporting our strike and that of the Writers Guild of America. We stand together in solidarity and will be there for you when you need us. Thank you all for your dedication, your commitment and your solidarity throughout this strike. It is because of YOU that these improvements became possible. In solidarity and gratitude, Your TV/Theatrical Negotiating Committee.
The contract, valued at one billion USD, has yet to be ratified, but the union announced that the strike will end this Thursday, 9 November 2023 at midnight PST.
Sonic movie screenwriter Pat Casey acknowledged the announcement late Wednesday night on X, the social media website formerly known as Twitter, and said that he's "excited that everyone in this business, cast, crew, everybody, can finally get back to work doing what we do best - entertaining people!"
No word from Paramount as of yet, or the studio's upcoming production plans for the third Sonic the Hedgehog film, currently scheduled to debut in 2024.