US actors' union seals new contract with studios
Members of the US actors' union SAG-AFTRA have ratified the new contract with the film production companies by a large majority. This officially marks the end of a months-long strike in the film industry, after the union had already reached a provisional agreement with the association of major studios and streaming providers AMPTP a month ago on minimum remuneration and better insurance conditions.
78% of those taking part in the vote voted in favor of ratifying the agreement, which is valid until the end of June 2026, according to SAG-AFTRA. "This is a golden age for SAG-AFTRA, and our union has never been more powerful," said President Fran Drescher in a statement celebrating the sealing of the deal.
The studios had already reached an agreement with the screenwriters' union WGA, which had been on strike since May 2023, at the beginning of October. For the first time in more than 60 years, members of Hollywood's writers' and actors' guild had gone on strike simultaneously for more money and better working conditions. The strike had delayed the production of films and series for months.
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The US actors' union, SAG-AFTRA, negotiated a new contract with movie studios and streaming services, ensuring better remuneration and insurance for its members. Under this contract, us actors union actors will adhere to the terms until June 2026, showcasing their collective bargaining power in the film industry.
Source: www.ntv.de
