Actors union SAG-AFTRA reaches a tentative agreement with studios
SAG-AFTRA reached a tentative agreement with major TV and movie studios.
According to ABC News, initial strikes began on May 2, with actors joining the picket lines this summer, July 14.
After several months, and following the WGA's agreement with studios, the agreement now awaits ratification.
This news comes after a 10-hour deliberation on Monday, November 6, according to SAG-AFTRA on X, which was continued today.
DC's Shazam! and NBC's Chuck actor Zachary Levi took to the picket lines in Los Angeles today to show his support for #SagAftraStrong.
The union disputed with studios over compensation, primarily in residuals of reruns, and the growing concern of using AI as replacement for actors.
Read more on the reasons for the strike here.
Duncan Crabtree-Ireland, the national executive director and chief negotiator for SAG-AFTRA, said at a press conference that the streaming model has "undercut performers' residual income and high inflation has further reduced our members' ability to make ends meet," ABC News reports.