"Renewed Talks Between Actors Union and Studios: Can They Reach an Agreement?"

The second round of renewed talks between SAG-AFTRA and the studios ended with the studios proposing new plans for "success-based compensation," but the response was underwhelming. The studios' proposal was labeled as "generous" but was met with disappointment, and the day's discussions were described as "not great." Despite the challenges, both sides completed a full day of deliberations, which is seen as progress. The main sticking point remains revenue sharing, with the studios rejecting the idea. The strike has had a significant impact on the industry, causing delays in TV and film production and resulting in a $6.5 billion loss to California's economy.