A possible actors’ strike may have been averted, after their union made a deal with studios and networks. The new contract was announced early on July 4th, as fall television production was ramping up.
The union, SAG-AFTRA, says the three-year agreement includes pay increases and new rules for residuals paid to actors when their work is distributed on Amazon and Netflix.
“This is a forward-looking package with meaningful gains across our entire membership,” said SAG-AFTRA President Gabrielle Carteris.
The union had been negotiating with The Alliance of Motion Picture and Television Producers (AMPTP) since the end of May, and had threatened a strike vote if there was no deal by June 30. That deadline passed, and over the weekend the union extended the contract on a day-by-day basis, leading observers to believe a deal was imminent.
SAG-AFTRA’s board of directors will vote on the contract offer next week, before sending it on to union members for ratification.