Despite the agreement, not all union demands were met, leading to mixed feelings among members. The strike had put all work on pause, including promotion of new and upcoming projects. During the strike, SAG-AFTRA Foundation asked the union’s highest-paid members to support their lower-earning colleagues, receiving a reported $15 million from A-listers in three weeks. The deal will be effective once the leadership signs off and actors vote on it.
Key takeaways:
- The Screen Actors Guild - American Federation of Television and Radio Artists (SAG-AFTRA) has reached a tentative deal with major Hollywood studios, ending one of the longest work stoppages in Hollywood history.
- The conflict began in June when nearly 98 percent of the union voted to authorize a strike ahead of their contract’s expiration, with demands focusing on higher pay, better residuals for movies and shows on streaming services, and assurances against job takeover by AI.
- Despite the end of the strike, not all demands of the union have been met, with some members expressing dissatisfaction with the compromise.
- The strike had significant impacts on the industry, with actors putting all work on pause, including promotion of their new and upcoming projects, and major Hollywood talent supporting the strike.