Hollywood Strike Ends as Actors' Union Reaches Tentative Deal with Studios
The Hollywood actors' union, SAG-AFTRA, has reached a tentative agreement with major film and television studios, ending their historic strike that had shut down production for nearly four months. The deal, which still needs to be ratified by the union's members, includes significant increases in pay minimums, AI protections, a streaming participation bonus, and better benefits. The strike, which began on July 14, raised concerns about the future of the entertainment industry and was centered around the rise of artificial intelligence. The strike's resolution comes after the Writers Guild of America reached a similar agreement, putting pressure on SAG-AFTRA to follow suit.
