Studios and Union Continue Contract Talks with "Cautious Optimism"
TL;DR Summary
Talks between SAG-AFTRA and the studios are set to resume on Friday with "cautious optimism" after negotiations today ended after almost five hours. The discussions focused on SAG-AFTRA's response to the studios' offer of increased bonuses and minimum rates. The guild, which has been on strike for 105 days, recognized the tactical significance of the studios' proposal and offered a compromise. While progress has been made, nothing was resolved in today's meeting. The strike has cost the Southern California economy an estimated $6.5 billion and 45,000 jobs.
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