Hollywood: Strike ends, actors reach agreement after 118 days of mobilization

This is the end of a historic strike in Hollywood, the longest by actors. After 118 days of mobilization, negotiations and confrontation with major studios and streaming platforms united under the AMPTP banner (Alliance of Film and Television Producers), American actors (represented by SAG-AFTRA, Screen Actors Guild – American Federation of Television and Radio Artists) finally reached an agreement this Wednesday, November 8, which was unanimously accepted by representatives of the Actors’ Union.

a movement that paralyzed filming (and a significant portion of California’s economy with $6.5 billion in losses and 45,000 job losses, respectively variety) from July 13 will expire this Thursday, and the new agreement must be ratified by the SAG-AFTRA office this Friday before being put to a vote by its 160,000 members.

Led by Fran Drescher (Nanny from Hell), the committee responsible for negotiating with the studios has notably gained oversight over the use of artificial intelligence, a 7% increase in the minimum wage, and pension and health contributions, as well “Streaming Bonus”. A settlement worth more than a billion dollars by SAG-AFTRA will be implemented over the next three years.

shared varietyThe letter of incorporation states: “We have reached a contract that will allow SAG-AFTRA members of all stripes to build long-lasting careers. Thousands of artists, today and tomorrow, will benefit from these works.”. A. is talking in the studios “New Paradigm” and wait “I can’t wait for the industry to get back to telling great stories”.

The union is now meeting in 2026 at the AMPTP to continue negotiations on points that cannot be negotiated under this new contract. The agreement, greeted with real emotions by the actors and their representatives, will allow to quickly resume filming of films, series and shows and, in particular, save the 2023-2024 television season and the 2024 film summer. Trading has accelerated in recent days.