SAG-AFTRA prepares for a possible strike as contract talks continue

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SAG-AFTRA prepares for a possible strike as contract talks continue
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SAG-AFTRA is taking steps to prepare for a possible strike even as the union continues down-to-the-wire bargaining with the major studios. anoushasakoui has more.

Hollywood’s biggest union and the Alliance for Motion Picture and Television Producers have made some headway in contract negotiations since both sides agree to extend theDespite progress, however, significant gaps remain between the parties and it was unclear late Friday whether they will be able to avert a work stoppage next week, said sources with knowledge of the talks who were not authorized to speak publicly.

Among the major sticking points, SAG-AFTRA is demanding a significant boost in residual payments from streaming platforms to reflect the success of shows and how those payments are calculated. An actors’ strike would be a major blow to the Hollywood studios and cause further upheaval for the film and TV industries that have already been roiled by a writers’ strike that began May 2.as a result of the Writers Guild of America strike, a walkout by actors would be more far-reaching, affecting production on sets worldwide.If Hollywood studios and SAG-AFTRA cannot reach a deal by Friday night, actors may strike over their main film and TV contract for the first time since 1980.

Representatives of SAG-AFTRA and the AMPTP, which represents Walt Disney Co., Netflix, Warner Bros. Discovery and other major entertainment companies in bargaining, declined to comment, citing a “media blackout” during negotiations.

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