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Striking Actors and Hollywood Studios Agree to a Deal

by New Edge Times Report
November 9, 2023
in Business
Striking Actors and Hollywood Studios Agree to a Deal
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One of the longest labor crises in Hollywood history is finally coming to an end.

SAG-AFTRA, the union representing tens of thousands of actors, reached a tentative deal for a new contract with entertainment companies on Wednesday, clearing the way for the $134 billion American movie and television business to swing back into motion.

Hollywood’s assembly lines have been at a near-standstill since May because of a pair of strikes by writers and actors, resulting in financial pain for studios and for many of the two million Americans — makeup artists, set builders, location scouts, chauffeurs, casting directors — who work in jobs directly or indirectly related to making TV shows and films.

Upset about streaming-service pay and fearful of fast-developing artificial intelligence technology, actors joined screenwriters on picket lines in July. The writers had walked out in May over similar concerns. It was the first time since 1960, when Ronald Reagan was the head of the actors’ union and Marilyn Monroe was still starring in films, that actors and writers were both on strike.

This is a developing story. Check back for updates.

Brooks Barnes and Nicole Sperling reported from Los Angeles and John Koblin from New York.

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