Hollywood Negotiations Extend into Weekend as Pressure Mounts for Deal

SAG-AFTRA and Hollywood studios are expected to meet again over the weekend to negotiate a new three-year labor contract amidst the ongoing actors' strike. Top company executives were not present in Friday's session, with negotiations led by the Alliance of Motion Picture and Television Producers president. The studios offered a higher increase to wage floors for performers but still fell short of the 11 percent increase initially sought by SAG-AFTRA. The union responded with an adjusted plan to capture more streaming compensation and downgraded their wage floor increase proposal. Both sides are under pressure to reach an agreement, with studios facing production disruptions and the union facing questions from A-list members.