Industry News

SAG-AFTRA Strike: Negotiations Cratered Over AI, Streaming Revenue Sharing, Pay Hikes and More

15 July, 2023

SAG-AFTRA and the major studios remain at odds on a dizzying array of issues, as film and TV actors hit the picket lines Friday for the first time since 1980. According to sources on both sides, the biggest sticking point is the union’s demand for 2% of the revenue generated by streaming shows. The two sides also remain far apart on basic increases in minimum rates, with the studios offering 5%, 4% and 3.5% across the three years of the contract, while the union is demanding 11%, 4% and 4%.

But that only scratches the surface. The parties are at odds on dozens of issues, only a handful of which have been publicly reported.

Visit Variety to read this article.



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