• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Rivian R2 vs. Tesla Model Y: Which Electric SUV Offers More for the Money?

March 14, 2026

Pi Day 2026 Includes Deals, Freebies at Blaze Pizza, Burger King, More

March 14, 2026

Why Calm, Steady Leaders Win in a World Obsessed With Speed

March 14, 2026
Facebook Twitter Instagram
Trending
  • Rivian R2 vs. Tesla Model Y: Which Electric SUV Offers More for the Money?
  • Pi Day 2026 Includes Deals, Freebies at Blaze Pizza, Burger King, More
  • Why Calm, Steady Leaders Win in a World Obsessed With Speed
  • 7 AI Agents That Replace Your Entire Team While You Sleep (No Babysitting Required)
  • His Side Hustle Makes $5K a Day and This AI Helps: Boostcous
  • The 6 Leadership Behaviors That Quietly Kill AI Momentum and How to Replace Them
  • Mortgage rates rise to highest level in over a month
  • Paying Too Much for Gas? These 10 Tips Will Help You Save Money
Sunday, March 15
Facebook Twitter Instagram
Indenta
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
Indenta
Home » Striking actors reach tentative agreement with Hollywood studios to end strike
Investing

Striking actors reach tentative agreement with Hollywood studios to end strike

News RoomBy News RoomNovember 9, 20233 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

© Reuters. FILE PHOTO: SAG-AFTRA member Jim Kulick reacts as he and other SAG-AFTRA members walk the picket line on the 100th day of their ongoing strike, outside Paramount Studios in Los Angeles, California, U.S., October 20, 2023. REUTERS/Mario Anzuoni/File Photo

LOS ANGELES (Reuters) – The SAG-AFTRA actors’ union reached a tentative agreement with Hollywood studios to resolve the second of two strikes that rocked the entertainment industry as workers demanded higher pay in the streaming TV era, the union said on Wednesday.

Members of SAG-AFTRA walked off the job in mid-July asking for an increase in minimum salaries, a share of streaming service revenue and protection from being replaced by “digital replicas” generated by artificial intelligence (AI).

The union said negotiators had reached a preliminary deal on a new contract with the Alliance of Motion Picture and Television Producers (AMPTP), which represents Walt Disney (NYSE:), Netflix (NASDAQ:) and other media companies.

The breakthrough means Hollywood can ramp up to full production for the first time since May, once union members vote to ratify the deal in the coming weeks.

Actors had similar concerns to film and television writers, who argued that compensation for working-class cast members had dwindled as streaming took hold, making it hard to earn a living wage in cities such as Los Angeles and New York. TV series on streaming did not offer the same residual payments that actors enjoyed during the heyday of broadcast TV.

Performers also became alarmed by recent advances in artificial intelligence, which they feared could lead to studios manipulating their likenesses without permission or replacing human actors with digital images.

George Clooney and other A-list stars voiced solidarity with lower-level actors and had urged union leadership, including SAG-AFTRA President and “The Nanny” actor Fran Drescher, to reach a resolution.

Many film and TV sets shut down when the Writers Guild of America (WGA) called a strike in the spring. While WGA members returned to writing scripts in late September, the ongoing SAG-AFTRA work stoppage left many productions dark.

The disruptions cost California more than $6 billion in lost output, according to a Milken Institute estimate.

With little work available, many prop masters, costume designers and other crew members struggled to make ends meet. FilmLA, the group that approves filming permits, reported scripted production during the week of Oct. 29 had fallen 77% from the same time a year earlier.

The Hollywood strikes came during a year of other high-profile job actions. The United Auto Workers recently ended six weeks of walkouts at Detroit carmakers. Teachers, nurses and healthcare workers also walked off the job.

Hollywood’s work stoppages forced broadcast networks to fill their fall lineups with re-runs, games shows and reality shows. It also led movie studios to delay big releases such as “Dune: Part 2” because striking actors could not promote them.

Other major films, including the latest installment of the “Mission: Impossible” franchise and Disney’s live-action remake of animated classic “Snow White,” were postponed until 2025.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Rivian R2 vs. Tesla Model Y: Which Electric SUV Offers More for the Money?

Burrow March 14, 2026

Pi Day 2026 Includes Deals, Freebies at Blaze Pizza, Burger King, More

Make Money March 14, 2026

Why Calm, Steady Leaders Win in a World Obsessed With Speed

Make Money March 14, 2026

7 AI Agents That Replace Your Entire Team While You Sleep (No Babysitting Required)

Investing March 14, 2026

His Side Hustle Makes $5K a Day and This AI Helps: Boostcous

Make Money March 14, 2026

The 6 Leadership Behaviors That Quietly Kill AI Momentum and How to Replace Them

Make Money March 14, 2026
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Pi Day 2026 Includes Deals, Freebies at Blaze Pizza, Burger King, More

March 14, 20260 Views

Why Calm, Steady Leaders Win in a World Obsessed With Speed

March 14, 20261 Views

7 AI Agents That Replace Your Entire Team While You Sleep (No Babysitting Required)

March 14, 20261 Views

His Side Hustle Makes $5K a Day and This AI Helps: Boostcous

March 14, 20261 Views
Don't Miss

The 6 Leadership Behaviors That Quietly Kill AI Momentum and How to Replace Them

By News RoomMarch 14, 2026

Entrepreneur Key Takeaways Leadership habits like micromanagement, slow decision-making and overemphasis on perfection often stall…

Mortgage rates rise to highest level in over a month

March 13, 2026

Paying Too Much for Gas? These 10 Tips Will Help You Save Money

March 13, 2026

15 Cities With the Most Women in Construction

March 13, 2026
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

Rivian R2 vs. Tesla Model Y: Which Electric SUV Offers More for the Money?

March 14, 2026

Pi Day 2026 Includes Deals, Freebies at Blaze Pizza, Burger King, More

March 14, 2026

Why Calm, Steady Leaders Win in a World Obsessed With Speed

March 14, 2026
Most Popular

Federal court terminates Biden-era student loan plan affecting millions nationwide

March 11, 20264 Views

A Major Tax Shift Is Quietly Reshaping Energy Decisions for Entrepreneurs

December 24, 20254 Views

Performing rights organization BMI being sold to New Mountain Capital

November 25, 20234 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 Inodebta. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.