Negotiations Between Studios and Actors Continues

Started by FWN Adm, October 25, 2023, 07:19:21 PM

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FWN Adm

Talks between SAG-AFTRA and Alliance Of Motion Picture and Television Producers (AMPTP) concluded on Tuesday and are scheduled to continue on Wednesday.

In a message to members on Tuesday night on the 103rd day of its work stoppage, the actors union said: "Today, the CEOs came back to the table. We are scheduled to continue talks with them tomorrow.

"We will continue to provide updates with you directly. Remember – don't believe anything you read in the press unless it comes directly from us.

"Keep showing up on the picket lines and make your voices heard around the country."

The union and its AMPTP counterparts resumed negotiations this week with Hollywood heads Donna Langley (NBCUniversal), Ted Sarandos (Netflix), David Zaslav (Warner Bros. Discovery), and Bob Iger (Disney) in attendance.

Talks stalled earlier in the month, shattering what had been an optimistic mood after days of negotiations.

On that occasion the Hollywood companies rejected a revenue share proposal by the union which it said would cost the companies less than 57 cents per subscriber each year.

AMPTP said the measure would cost its members more than $800m annually, which SAG-AFTRA said was an inflated estimate.

The parties remain some distance apart on the matters of residuals and revenue share, minimum compensation, and regulation of AI.