After meeting on Monday for the first time since July, SAG-AFTRA and Hollywood studios are set to return to the bargaining table again Wednesday.
The tentative deal reached last week between the Writers Guild of America and the Alliance of Motion Pictures and Television Producers offered renewed hope for a resolution to the actors’ strike, which began on July 14.
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The actors, like the writers, are bargaining to protect their careers from dwindling compensation and the encroachment of AI.
“They've reached a tipping point where they say if they don’t receive protections now, they’re worried about, how are they gonna sustain a career in acting or in writing?” entertainment reporter Meg James told KNX News. “It’s this fear that the future is scary and the business model has changed, and they feel like they’re getting left behind.”
Some points of the WGA’s deal may be used as a template for negotiations with the actors, including wage hikes and a new formula for residuals for streaming programs.
Several executives from major studios were at Monday’s negotiating session, including Netflix's Ted Sarandos and Disney's Bob Iger. They’re expected to appear Wednesday as well.
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