Hollywood Rebounds: SAG-AFTRA Strike Resolved, Boosting Wages and AI Protections
The tentative deal between SAG-AFTRA and AMPTP includes higher minimum wages for background actors and provisions for artificial intelligence (AI) protections. The agreement also outlines a new model for streaming residuals, with the top 20% of shows receiving a 75% increase and the remaining 25% going into a jointly managed fund. The deal will be reviewed by SAG-AFTRA's national board, and more details are expected to be released. Tens of thousands of actors had gone on strike in July after failing to reach a contract agreement with AMPTP.