19.6 C
New York
HomeTop Global NewsNegotiations between SAG-AFTRA and studios are suspended

Negotiations between SAG-AFTRA and studios are suspended


SAG-AFTRA members hold “Rock The City For A Fair Contract” rally in Times Square on July 25, 2023 in New York City.

Cindy Ord | Getty Images

Negotiations between the union representing thousands of actors on strike in Hollywood and the studios have been suspended, a trade association for the studios said late Wednesday.

The Alliance of Motion Picture and Television Producers said in a statement that the gap between it and the union known as SAG-AFTRA “is too great.”

“Conversations are no longer moving us in a productive direction,” the alliance, known as AMPTP, said. (The trade association represents NBCUniversal, the parent company of NBC News.)

SAG-AFTRA, which stands for the Screen Actors Guild-American Federation of Television and Radio Artists, has been on strike since July 14.

They went on strike weeks after writers did so, on May 2. The Writers Guild of America strike ended almost five months later on Sept. 27. Members of that union ratified its agreement this week.

The actors union and the AMPTP said in late September that they were resuming negotiations.

The trade association for studios singled out a viewership bonus that it said was sought by SAG-AFTRA, and which the studios say “would create an untenable economic burden.” It said that measure could cost $800 million a year.

The actors union did not immediately respond to a request for comment late Wednesday.

SAG-AFTRA says it needs “a modern contract that addresses modern issues,” and wants pay raises, protections surrounding artificial intelligence and greater participation in streaming revenue, which has eroded traditional residuals.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC. NBCUniversal is a member of the Alliance of Motion Picture and Television Producers.



Source link

latest articles

explore more

LEAVE A REPLY

Please enter your comment!
Please enter your name here