Hollywood Drama: Actors Guild and Studios Reach Tentative Deal, Averting Strike

Actors to Receive Pay Raises, Improved Working Conditions

After months of intense negotiations, the Screen Actors Guild (SAG) and the Alliance of Motion Picture and Television Producers (AMPTP) have reached a tentative deal that will avert a potential strike. The deal includes significant pay raises for actors and improved working conditions.

Key Provisions of the Deal

• Actors will receive a 3% pay increase in each year of the three-year contract.
• Minimum wages for background actors will increase to $22 per hour in the first year, and $24 per hour in the following years.
• Actors will have more control over their work hours and rest periods.
• The deal also includes new provisions to protect actors from harassment and discrimination.

Background of the Negotiations

Negotiations between SAG and the AMPTP began in March 2023. The previous contract expired on June 30, 2023, and actors had authorized a strike if a new deal was not reached.

Next Steps

The tentative agreement must now be ratified by SAG members and the AMPTP. The ratification vote is expected to take place in the coming weeks. If the deal is ratified, it will avert a strike that would have had a major impact on the entertainment industry.

Hollywood Drama