Saturday’s meeting between SAG-AFTRA and the AMPTP, including a large group of studio CEOs, has reportedly ended with the actor’s union now looking over the awaited response.
According to Deadline, the package from the studios is said to include the highest wage increase in forty years, along with a 100% increase in performance compensation bonuses for high budget streaming series and movies.
There are also “full AI protections ” that go “a long way to what SAG wanted.” The CEOs have reportedly dubbed this a “historic package for the guild”.
Chiefs from Netflix, Disney, NBCUniversal, Paramount, Amazon, Sony, Apple Studios, Warner Bros Discovery and more were on hand for the call today.
Guild president Fran Drescher, chief negotiator Duncan Crabtreee-Ireland and other members of SAG-AFTRA’s negotiating committee are going over the AMPTP’s response.
It’s not clear if this means further discussions later today or tomorrow, but apparently “cautious optimism” is once again the sentiment on hand.
California’s economy has taken a $6.5 billion hit from the strikes and shutdowns over the past six months.