In a historic moment, SAG-AFTRA negotiators have reached a tentative deal to end the longest actors' strike in Hollywood history. As we broadcast from the Celestyal Journey in the Eastern Mediterranean, the strike's official conclusion awaits approval from the National Board.
Key Points of the Agreement:
The unanimously approved contract, valued at over one billion dollars, brings about "above-pattern" minimum compensation increases. It introduces groundbreaking provisions for consent and compensation safeguarding members from AI threats. For the first time, a streaming participation bonus is established. Notably, Pension & Health caps see substantial raises, providing crucial value to plans. The deal encompasses various improvements, including significant compensation increases for background performers and vital contract provisions for diverse communities.
Historic Context:
This strike holds historic significance, marking the first time since 1960, during Ronald Reagan's leadership of the actors' union and Marilyn Monroe's film stardom, that actors and writers united in a strike. Especially impactful for the LGBTQ+ community, where estimates suggest up to 30% of entertainment union members identify as LGBTQ+, this strike has had profound effects.
