Deal to end strike is ‘extraordinary’ – The Hollywood Reporter

SAG-AFTRA describes the newly drafted strike-ending agreement with studios and streamers as one that will benefit “every category” of its members.

In a statement Wednesday evening, the union’s television and theater negotiating committee said the tentative agreement was “a deal of extraordinary magnitude” that includes significant salary increases, limits on the use of artificial intelligence and a so-called “streaming participation bonus.” provide.

“We have entered into a contract that enables SAG-AFTRA members of all categories to build sustainable careers,” the statement reads (read it in full below). “Many thousands of artists will benefit from this work now and in the future.”

The negotiating committee said it would not release full details of the agreement with the Alliance of Motion Picture and Television Producers until the SAG-AFTRA national board reviewed it. However, the statement said that in addition to the additional streaming compensation and AI protections, the union secured “above-average” salary increases, salary increases for background actors and increased caps on pension and health care funds.

In its own statement, the AMPTP said: “Today’s tentative agreement represents a new paradigm. It provides SAG-AFTRA with the largest contractual gains in the union’s history, including the largest minimum wage increase in the last forty years; a new residual for streaming programs; comprehensive consent and compensation protection when using artificial intelligence; and significant contract increases for items across the board. The AMPTP is pleased to have reached a tentative agreement and looks forward to the industry getting back to its work of telling great stories.”

Wednesday’s tentative agreement ends a 118-day strike that largely overlapped with the 148-day writers’ strike that ended in late September. The union said its industrial action was suspended at 12:01 a.m. Thursday.

SAG-AFTRA’s full statement is below.

We are excited and proud to announce that your Television and Theater Negotiating Committee voted unanimously today to approve a tentative agreement with the AMPTP. As of 12:01 a.m. PT on November 9th, our strike is officially suspended and all picket lines are closed. We will be in touch with you in the coming days with information about celebrations across the country.

With a contract valued at over $1 billion, we have reached a deal of exceptional scope that includes “above average” minimum compensation increases and unprecedented consent and indemnification provisions, protecting our members from the threat of AI for the first time. Participation bonus. Our pension and health caps have been significantly increased, which will add much-needed value to our plans. Additionally, the agreement includes numerous improvements across multiple categories, including outsized pay increases for background actors and key contract provisions to protect diverse communities.

We have a contract in place that enables SAG-AFTRA members of all categories to build sustainable careers. Many thousands of artists will benefit from this work today and in the future.

Full details of the agreement will not be disclosed until the tentative agreement has been reviewed by the SAG-AFTRA National Board.

We also thank our union brothers and sisters – the workers who power this industry – for the sacrifices they made in supporting our strike and that of the Writers Guild of America. We stand together in solidarity and are there for you when you need us.

I thank you all for your commitment, your commitment and your solidarity during this strike. Thanks to YOU, these improvements are possible.

In solidarity and gratitude,

Your TV/Cinema Negotiating Committee

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