Hollywood actors strike still on as they pass counteroffer ahead of further talks with studios. Striking Hollywood actors have made a comprehensive counteroffer to the major studios, the SAG-AFTRA actors union said in a post on social media platform X.
Negotiators for the union and the Alliance of Motion Picture and Television Producers (AMPTP), the group representing Walt Disney (NYSE:DIS) Netflix (NASDAQ:NFLX) and other major media companies, meet again on Friday, the SAG-AFTRA actors union said.
No cave in by SAG-AFTRA
Ahead of Friday’s talks, a group of SAG-AFTRA members published an open letter to the Hollywood actors strike union leadership, urging the negotiating committee to continue fighting for improved compensation, royalties and workplace protections.
“We have not come all this way to cave now,” wrote the group calling itself Members In Solidarity. “We have not gone without work, without pay, and walked picket lines for months just to give up on everything we’ve been fighting for.”
Hollywood actors counteroffer
The latest counteroffer submitted by the actors union on Thursday comes after media companies and the union representing striking U.S. actors returned to the bargaining table on Tuesday.
Hollywood’s studios and streamers returned to the bargaining table with SAG-Aftra, the union that represents over 150,000 actors, Friday for what is their third round of meetings this week. These negotiations come after talks publicly fell apart two weeks ago between SAG-Aftra and the AMPTP, which represents Hollywood’s studios and streamers (including NBC’s parent company Comcast).
Earlier negotiations
Earlier this month, negotiations between Hollywood studios and SAG-AFTRA members were suspended as the two sides clashed over streaming revenue, the use of artificial intelligence and other issues at the core of a three-month work stoppage.
Hollywood actors strike delayed releases
SAG-AFTRA members that represents 160,000 actors and other media professionals, have been on strike since July. The work stoppage has scrambled next year’s film slate and delayed the return of primetime television comedies and dramas. It also has created hardships for crew members, who have been out of work for months.
Hollywood actors strike negotiations
Striking Hollywood actors counter offer was passed ahead of further talks with studios.
Sources familiar with the negotiations told that progress was made on numerous issues during Thursday’s negotiations, with one source saying “it feels like the end is in sight.”