On Friday, SAG-AFTRA released the full tentative agreement that was reached with the studios and streamers.
“These contracts achieve more than $1 billion in NEW compensation and benefit plan funding (including an additional $317.2 million to the benefit plans),” Duncan Crabtree-Ireland, National Executive Director and Chief Negotiator, said in a press release. “The contracts establish lengthy and detailed AI guardrails that didn’t exist before and do protect you as we meet the challenge of this new technology, hair and makeup equity, significantly increased background coverage, outsized streaming residuals, a new streaming success fund, and so much more.”
The tentative deal was reached on Nov. 8 following a 118-day strike by the actors’ union. The union’s national board of directors approved the agreement on Nov. 10. Members of the union began voting on Nov. 14.
Voting for members ends Dec. 5 at 5 p.m. PT.
You can read the full Memorandum of Agreement here.
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