Current:Home > MySAG-AFTRA members approve labor deal with Hollywood studios -FinanceMind
SAG-AFTRA members approve labor deal with Hollywood studios
View
Date:2025-04-16 01:31:33
The union representing thousands of film and television actors officially ratified its new three-year contract with Hollywood studios Tuesday night in the wake of a nearly four-month strike that brought the industry to its knees. However, less than 40% of members participated in the vote, SAG-AFTRA disclosed.
Beginning in July, the massive entertainment union went on strike for 118 days after its previous agreement with the Alliance of Motion Picture and Television Producers expired. A tentative deal was reached last month.
Of the 38.15% of members that participated in the vote, 78.33% voted in favor of ratifying the contract, while 21.67% voted against it, SAG-AFTRA said.
"By ratifying this contract, members have made it clear that they're eager to use their unity to lay the groundwork for a better industry, improving the lives of those working in their profession," Chief Negotiator Duncan Crabtree-Ireland said in a statement.
The AMPTP congratulated the approval shortly after the vote.
"The AMPTP member companies congratulate SAG-AFTRA on the ratification of its new contract, which represents historic gains and protections for performers. With this vote, the industry and the jobs it supports will be able to return in full force," the union stated.
SAG-AFTRA said the new deal includes more than $1 billion in new compensation and benefit plan funding as well as an overhaul of the residuals formulas, especially for streaming performers — major sticking points that led to the strike. The new model grants a bonus in addition to the existing residual structures as well as more pay for principal and background actors.
Notably, the contract includes a new tenet surrounding artificial intelligence. The deal established informed consent and compensation guidelines for studios using the controversial new technology.
"I'm proud of our SAG-AFTRA membership," President Fran Drescher said. "They struck for 118 days to grant the TV/Theatrical Negotiating Committee the necessary leverage to secure over $1 billion in gains, along with the union's first-ever protections around AI technology. Now they've locked in the gains by ratifying the contract."
Hollywood writers, following their own four-and-a-half-month strike, reached a new three-year deal with the AMPTP in September. It marked the first time the two unions, the Writers Guild of America and the Screen Actors Guild, have been on strike simultaneously since 1960.
Paramount Global, which owns CBS News, is part of the Alliance of Motion Picture and Television Producers. Additionally, many CBS News anchors and reporters are SAG-AFTRA members. However, they operate under a different contract and were not part of the pending negotiations.
Matthew RodriguezMatthew Rodriguez is a digital producer at kcalnews.com. He's previously reported for local outlets like the Argonaut and Pasadena Weekly. Matt typically covers breaking news and crime.
veryGood! (99)
Related
- The Daily Money: Spending more on holiday travel?
- Maine’s congressional delegation calls for Army investigation into Lewiston shooting
- NFL investigation finds Bengals in compliance with injury report policy
- South Carolina jury convicts inmate in first trial involving deadly prison riots
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Is the max Social Security benefit a fantasy for most Americans in 2023?
- At DC roast, Joe Manchin jokes he could be the slightly younger president America needs
- A hospital fire near Rome kills at least 3 and causes an emergency evacuation of all patients
- Retirement planning: 3 crucial moves everyone should make before 2025
- LSU QB Jayden Daniels overcomes being out of playoff hunt to win Heisman Trophy with prolific season
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Arkansas will add more state prison beds despite officials’ fears about understaffing
- Psst, Reformation’s Winter Sale is Here and It’s Your last Chance to Snag Your Fave Pieces Up to 40% Off
- Army holds on with goal-line stand in final seconds, beats Navy 17-11
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- LSU QB Jayden Daniels overcomes being out of playoff hunt to win Heisman Trophy with prolific season
- Some Seattle cancer center patients are receiving threatening emails after last month’s data breach
- Catholic priest in small Nebraska community dies after being attacked in church
Recommendation
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Bachelor Nation Status Check: Who's Still Continuing Their Journey After Bachelor in Paradise
Why Shohei Ohtani will be worth every penny of $700 million contract for Los Angeles Dodgers
Daddy Yankee retiring from music to devote his life to Christianity
Former Syrian official arrested in California who oversaw prison charged with torture
We Ranked All of Meg Ryan's Rom-Coms and We'll Still Have What She's Having
Norman Lear's son-in-law, Dr. Jon LaPook, reflects on the legendary TV producer's final moments: He was one of my best friends
A British Palestinian surgeon gave testimony to a UK war crimes unit after returning from Gaza