Hollywood strike negotiators face mounting pressure for a deal as talks continue

1 min read
Source: NBC News
Hollywood strike negotiators face mounting pressure for a deal as talks continue
Photo: NBC News
TL;DR Summary

Negotiations between Hollywood's studios and streamers and the SAG-Aftra union are under pressure to reach a deal as the months-long actor's strike continues to impact the industry. Progress was made during Thursday's negotiations, but Friday's meeting has been challenging, with both sides far apart on key issues such as residuals in the streaming era, AI protections, and a levy on subscribers. The strike has cost the California economy over $5 billion, resulted in job losses, and caused production delays. The uncertainty looms over the industry as many actors face financial difficulties and productions are pushed back.

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