"George Clooney's $150 Million Proposal Fails to End Actors Strike"

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Source: CBS News
"George Clooney's $150 Million Proposal Fails to End Actors Strike"
Photo: CBS News
TL;DR Summary

George Clooney and other A-list actors propose eliminating the $1 million cap on union membership dues to contribute more towards the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) union, potentially bringing in over $150 million over the next three years. The funds would be used to provide health benefits for members. However, SAG-AFTRA president Fran Drescher clarified that the offer does not impact the contract being struck over, as only employer contributions can go into the pension and health plans. The proposal also suggests reformulating how actors earn streaming residuals.

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