“Hollywood actors union SAG-AFTRA ratifies breakthrough contract with major studios and streamers.”
Members of Hollywood actors union SAG-AFTRA have voted to ratify a landmark contract with major studios and streamers. https://t.co/j9NsZjt1DD
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— CNN Breaking News (@cnnbrk) December 6, 2023
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Members of Hollywood actors union SAG-AFTRA have voted to ratify a landmark contract with major studios and streamers, marking a significant step forward for the entertainment industry. The contract, which was approved by an overwhelming majority, is set to bring a range of benefits and protections to actors, ensuring fair treatment and compensation in an ever-evolving landscape.
The agreement covers a diverse range of issues, including salary increases, improved residuals for streaming services, and expanded healthcare and pension benefits. It also addresses the growing concern of workplace harassment by establishing new protocols and procedures to protect actors from abuse and discrimination.
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The contract negotiations between SAG-AFTRA and the Alliance of Motion Picture and Television Producers (AMPTP), which represents major studios and streamers, have been ongoing for several months. The successful resolution of these talks is seen as a significant victory for actors, who have long fought for better working conditions and fair compensation.
One of the key provisions of the contract is the establishment of higher minimum salaries for actors working on streaming platforms. With the rise of streaming services such as Netflix, Amazon Prime, and Disney+, actors have seen their work reach a much wider audience, yet their compensation has often lagged behind that of traditional television and film. The new agreement seeks to rectify this disparity and ensure that actors are fairly compensated for their contributions to the success of streaming platforms.
Additionally, the contract includes improvements to residual payments for actors whose work is streamed on platforms like Netflix and Hulu. Previously, actors received lower residuals for streaming compared to traditional broadcast or cable television. The new agreement aims to bring these payments more in line with industry standards, providing actors with a more equitable share of the profits generated by their work.
The contract also addresses the issue of workplace harassment, which has been a prominent concern in the entertainment industry in recent years. The agreement establishes stronger protections for actors, including the creation of a hotline for reporting incidents of harassment and improved procedures for handling complaints. These measures are crucial in creating a safer and more inclusive environment for all actors.
The ratification of this landmark contract is seen as a significant victory for SAG-AFTRA and its members. It represents a major step forward in improving working conditions and ensuring fair treatment for actors in the rapidly evolving entertainment industry. With this agreement in place, actors can look forward to a more secure and equitable future as they continue to entertain audiences around the world..
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@cnnbrk said Members of Hollywood actors union SAG-AFTRA have voted to ratify a landmark contract with major studios and streamers. cnn.com/2023/12/05/bus…
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