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More Than $1 Billion Wages, Members Can Return To Work; Key Details From SAG-AFTRA’s Contract After The Strike Is Over – TheFantasyTimes

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By Jitin Gambhir

More Than $1 Billion Wages, Members Can Return To Work; Key Details From SAG-AFTRA’s Contract After The Strike Is Over


More Than 1 Billion Wages Members Can Return To Work

The historic strike by SAG-AFTRA is now concluded, allowing actors and workers in the Hollywood industry to resume their jobs. The SAG-AFTRA has released important details prior to the finalization of the contract. Take a look below.

Dear #SagAftraMembers:
Victory is ours! Our historic TV/Theatrical/Streaming strike has officially ended as of 12:01 a.m. PT today. After 118 days of striking, we are poised to revolutionize the future of our industry with a transformative contract that brings benefits to every category of SAG-AFTRA member involved in this agreement.

This groundbreaking agreement achieves significant advancements in addressing compensation through residuals and safeguards against generative artificial intelligence technology while reaffirming the indispensable role of human performers in the creation of film, television, and streaming entertainment.

Tomorrow, the National Board will convene to review the tentative agreement and vote on whether to present it to the membership for ratification.

While full details will not be disclosed prior to tomorrow’s meeting, we would like to highlight a few key aspects of the agreement:

• Over one billion dollars in new wages and funding for benefit plans;
• A bonus for participation in streaming;
• Increases in minimum compensation that break the so-called “industry pattern”;
• Consent and compensation guidelines for the use of AI, a first in history;
• Raised Pension & Health caps to enhance the value of our funds; and
• Crucial safeguards for diverse communities.

We are immensely proud of the extraordinary efforts made by our TV/Theatrical Negotiating Committee, and we express our sincerest gratitude to you — our members — for enabling these accomplishments by granting authorization for the strike before negotiations and demonstrating unwavering determination throughout the 118-day strike. Your unity and support provided us with the necessary leverage to secure these unparalleled gains. As of now, all SAG-AFTRA members should honor their contractual obligations and resume work.

Members and influencers are free to resume their services related to publicity and the promotion of motion pictures produced under the CBA and Television Agreement, without any repercussions or conflicts with the union.

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More Than 1 Billion Wages Members Can Return To Work

SAG-AFTRA’s historic strike is over, and the actors and Hollywood industry workers can return to their jobs. The SAG-AFTRA has released key details before the full contract gets signed and sealed. Have a look at it below.

Dear #SagAftraMembers:
We did it! Our historic TV/Theatrical/Streaming strike is over as of 12:01 a.m. PT this morning. After 118 days on strike, we are set to change the future of our industry with a transformative contract that includes gains for every category of SAG-AFTRA member who works this contract.

This revolutionary agreement achieves major breakthroughs in addressing compensation via residuals and protections from generative artificial intelligence technology while reaffirming the role human performers play in the production of film, television and streaming entertainment.

Tomorrow, the National Board will meet to review the tentative agreement and vote on whether or not to send it to you, the membership, for a ratification vote.

Although full details will not be shared in advance of tomorrow’s meeting, we wanted to share just a few key deal points:

• More than one billion dollars in new wages and benefit plan funding;
• A streaming participation bonus;
• Minimum compensation increases that break the so-called “industry pattern;”
• For the first time, consent and compensation guardrails on the use of AI;
• Raised Pension & Health caps that will channel more value into our funds; and
• Critical protections for diverse communities.

We’re proud of the phenomenal efforts of our TV/Theatrical Negotiating Committee, and send our sincerest thanks to you — the members — who made these gains possible by granting a strike authorization prior to negotiations and remaining resolved throughout the 118 days of our strike. Your solidarity helped us achieve the necessary leverage to secure these unprecedented gains. Effective immediately, all SAG-AFTRA members should fulfill their contractual obligations and return to work.

Members and influencers may resume services relating to publicity and the promotion of motion pictures produced under the CBA and Television Agreement, without consequence or conflict with the union.

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