The Hollywood actors’ strike is expected to continue until the major studios and the category’s union (SAG-AFTRA) resolve an important disagreement over the payment of residuals.
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With this, according to information from Variety, the union is asking for the release of US$500 million per year for payments, which actors and other professionals receive when the works in which they participate are shown on streaming.
Meanwhile, studios are only willing to release $20 million. Thus, apparently, both sides of the negotiation are already close to a middle ground on other issues, such as the use of artificial intelligence in audiovisual productions and the increase in actors’ salary levels.
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It is worth remembering that the payment of residuals was also a key theme of the Hollywood screenwriters’ strike, which officially concluded at the beginning of October.
However, the writers’ union (WGA) settled for a much lower payment – $5 million a year – from the studios.
Namely, leaders of AMPTP (representing the studios) say that SAG placed this proposal as an “ultimatum, or the strike continues”; the SAG, in turn, that the AMPTP withdrew from the negotiations.
So far there is no prediction as to when the strike will end.
