Hollywood studios and the union representing some 160,000 actors reached an agreement to end a 118-day strike that’s shut down TV and film production.
SAG/AFTRA’s national board will review the deal on 10 November. More details will be released after that meeting. Screen Actors Guild members walked off the job in mid-July after contract negotiations with the Alliance of Motion Picture & Television Producers broke down.That marked the first time in more than 40 years that both unions were on the picket line at the same time.
The actors had sought 2% of the sales their programs generated from services such as Netflix Inc., something the studios rejected. Executives including Walt Disney Co.’s Bob Iger, Netflix Inc.’s Ted Sarandos, Warner Bros. Discovery Inc.’s David Zaslav and Universalizer’s Donna Langley participated in the talks with the actors.