SAG-AFTRA Strikes End with Hollywood Studios: What It Means for Actors and Wallets
The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) has approved a tentative deal with Hollywood studios, which will now be voted on by the union's 160,000 members. The agreement, which includes a 7% minimum wage increase and over $1 billion in new wages and benefits, brings an end to the 118-day actors' strike. SAG-AFTRA president Fran Drescher emphasized the importance of AI protection in the negotiations, ensuring actors have approval over their digital replicas and are compensated for their use. The deal sets a precedent for future negotiations and the fight for fair working conditions continues.