Another strike may be ending with another (apparent) union victory:
After a grueling 118 days on strike, SAG-AFTRA has officially reached a tentative agreement on a new three-year contract with studios, a move that is heralding the end of the 2023 actors strike.
The SAG-AFTRA TV/Theatrical Committee approved the agreement in a unanimous vote on Wednesday, SAG-AFTRA announced. The strike will end at 12:01 a.m. Thursday. On Friday, the deal will go to the union’s national board for approval.
The performers union announced the provisional agreement Wednesday, after about two weeks of renewed negotiations. The development came not long before a deadline of 5 p.m. that the Alliance of Motion Picture and Television Producers had set for the union to give their answer on whether they had a deal.
The union is so far providing some details of the agreement, more of which will likely emerge in the next few days prior to the union’s ratification vote. In a message to members on Wednesday night, the union said the pact is valued at over $1 billion and includes pay increases higher than what other unions received this year, a “streaming participation bonus” and regulations on AI. The tentative deal also includes higher caps on health and pension funds, compensation bumps for background performers and “critical contract provisions protecting diverse communities.” If the deal is ratified, the contract could soon go into effect, and if not, members would essentially send their labor negotiators back to the bargaining table with the AMPTP...
The strike impacted tens of thousands of union members, and the impact on the economy of southern California alone of the SAG/AFTRA and Writers Guild strikes has been estimated at $6.5 billion. Time to get people back to work and the shows on the road.
BONUS: Hotel workers in Las Vegas have agreed to a tentative contract with MGM Resorts International, the largest employer on the Strip. Unions matter, and they produce results.
(Photo: Shutterstock)
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