Hollywood Unions and Studios at Impasse: Actors Strike Continues

1 min read
Source: Variety
Hollywood Unions and Studios at Impasse: Actors Strike Continues
Photo: Variety
TL;DR Summary

Hollywood unions, including the WGA, DGA, and IATSE, have called on major studios to resume negotiations with SAG-AFTRA after talks broke down. The key issue is the actors' demand to share in the revenue of streaming platforms, with SAG-AFTRA now asking for 57 cents per year per streaming subscriber. The studios have rejected this proposal, estimating it would cost over $800 million. The strike has halted casting, promotion, and production, affecting the entire industry. Other unions, including the Teamsters and American Federation of Musicians, have expressed support for SAG-AFTRA's demands.

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