Negotiations over the subsequent three-year contract for Hollywood’s largest union concluded after a weekend of talks on Sunday with a renewed sense of optimism — although no deal has but been reached.
After a weekend of forwards and backwards on SAG-AFTRA‘s subsequent TV/theatrical settlement, the union and the Alliance of Movement Image and Tv Producers don’t but have a date to return to formal bargaining. Nonetheless, the talks had been stated to be productive: A number of studio-side insiders described the weekend classes as a optimistic step, whilst the 2 sides haven’t but buttoned up all deal factors, together with the union’s try to seize additional compensation from streaming work and rules on AI.
The turnabout comes after studios made it clear to union management final week that if there isn’t any signal of a decision by the primary week of November, and even by as early as Nov. 1, their 2024 summer time film slates are virtually sure to be blown up. If that occurs, talks might break off till after the primary of the yr, a sobering prospect for all concerned, based on studio insiders.
The union introduced its newest responses to the studio on Saturday, whereas Sunday noticed some dialogue between representatives for the 2 events with out the direct participation of prime studio executives that had been concerned in earlier bargaining classes the earlier week.
Expectations are excessive industrywide that this latest sequence of bargaining dates might lead to a tentative deal. The union and administration returned to the bargaining desk on Tuesday, Oct. 24 and have exchanged proposals ever since on objects together with the union’s try to enhance streaming compensation for his or her members and to considerably increase wage flooring to account for latest inflation.
Going into the final weekend of negotiations, greater than a number of thousand members of SAG-AFTRA signed a letter in help of of union management, urging the union facet to soldier on and never compromise within the identify of ending the strike: “As onerous as that is, we’d reasonably keep on strike than take a nasty deal,” acknowledged the letter, which was launched on Thursday and signed by Julia Louis-Dreyfus, Cynthia Nixon, Leslie Odom Jr., Demi Moore, Jon Hamm and others.
The assertion of help got here after a separate group of actors, pissed off by the route of the negotiations, tabled a draft of a special letter that was important of SAG-AFTRA management. Finally, this group determined to not launch their message as soon as the union went again to the bargaining desk with studios on Oct. 24.
Kim Masters contributed to this report.