SAG-AFTRA Strikes Deal with Studios, Resolving Actor's Strike

After a 118-day strike, SAG-AFTRA has reached a tentative agreement on a new three-year contract with Hollywood studios, signaling the end of the 2023 actors strike. The agreement was approved unanimously by the SAG-AFTRA TV/Theatrical Committee and will now go to the union's national board for approval. The details of the agreement have not been disclosed yet, but if ratified, the contract could soon go into effect. The strike, which began in July, caused significant disruptions in the industry and is estimated to have cost the California economy at least $6 billion.