The union representing film and television actors has struck a tentative deal with entertainment industry studios on a new labor contract, SAG-AFTRA announced Wednesday, moving the sides closer to ending what has been a contentious nearly four-month strike.
“In a unanimous vote this afternoon, the SAG-AFTRA TV/Theatrical Committee approved a tentative agreement with the AMPTP bringing an end to the 118 day strike,” the union said Wednesday in a statement. While the new contract must still be ratified by SAG-AFTRA membership, the union announced the strike will end Thursday at 12:01 a.m.
The details of the agreement were not immediately made available.
The Alliance of Motion Picture and Television Producers made what the group described as its “last, best and final offer” to the Screen Actors Guild-American Federation of Television and Radio Artists on Saturday.
SAG-AFTRA, which represents roughly 160,000 performers, said on social media on Monday that it was pushing to “bring this strike to an end responsibly,” while noting that negotiators remained at odds on key issues, including the .
The AMPTP is a trade association that represents movie and TV producers, including Apple, Amazon, Disney, Paramount, Universal and Warner Brothers Discovery (Some CBS News staff are SAG-AFTRA members, but they work under a different contract than the actors and are not affected by the strike.)
The film and TV work stoppage — the longest in SAG’s history — has halted film and scripted TV production, delaying major movie releases andfor thousands of working actors.
“I am grateful that a fair agreement has been reached between SAG-AFTRA and AMPTP after a more than 100 day strike that impacted millions in Los Angeles and throughout the country,” Los Angeles Mayor Karen Bass said in a statement Wednesday.
“Today’s tentative agreement is going to impact nearly every part of our economy. Now, we must lean in on local production to ensure that our entertainment industry rebounds stronger than ever and our economy is able to get back on its feet,” Bass added.
Sticking points in the often bitter negotiations included actors seeking limitations on studios usingand performances, updated compensation structures to reflect the growth of streaming, and enhanced .
Specifically, actors pushed for more lucrative residual payments for their work in streaming shows, saying their income has plunged even as studio revenues from online video have soared.