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News: General

New Contract Deal Finally Reached Between Studios and SAG-AFTRA

Wednesday, July 5, 2017   (0 Comments)
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From The Hollywood Reporter:

Hollywood can breathe a sigh of relief: There won’t be an actors strike. A new deal was reached at sunrise Tuesday. It’s valued at a record $256 million. The union’s 2014 deal was valued at $200 million.

SAG-AFTRA and the Alliance of Motion Picture and Television Producers have reached an agreement on successor contracts to the union’s TV/theatrical pacts, The Hollywood Reporter has learned, which had expired Friday but were extended.

The studios’ “last, best and final” offer came at around 4:30 a.m., and agreement was reached at about 5:45 a.m.

Hollywood can breathe a sigh of relief: There won’t be an actors strike. A new deal was reached at sunrise Tuesday. It’s valued at a record $256 million. The union’s 2014 deal was valued at $200 million.

SAG-AFTRA and the Alliance of Motion Picture and Television Producers have reached an agreement on successor contracts to the union’s TV/theatrical pacts, The Hollywood Reporter has learned, which had expired Friday but were extended.

The studios’ “last, best and final” offer came at around 4:30 a.m., and agreement was reached at about 5:45 a.m.

- Read the full article at HollywoodReporter.com


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