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Hollywood actors reach tentative labor agreement with studios, streamers
Exterior of the SAG-AFTRA Labor union building on Wilshire boulevard in Los Angeles, CA.
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Topline:
SAG-AFTRA, the union representing Hollywood actors, reached a tentative agreement with major studios yesterday Saturday on a new contract covering films, scripted TV dramas, and streaming content.
Why it matters: The tentative agreement still needs to be approved by the SAG-AFTRA National Board, which the union says will meet in the coming days to review the terms. Details of the new contract won’t be released before then.
The backstory: The actors'union began negotiating with Alliance of Motion Picture and Television Producers (AMPTP) in February. In 2023, actors went on a four-month strike along with Hollywood writers after negotiations for their respective contracts fell through. In late April, the Writers Guild of America approved their new labor contract.
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