SONY - Hollywood strike: Actors studios to resume negotiations
2023-10-23 05:44:21 ET
SAG-AFTRA, the labor union representing Hollywood actors, and the Alliance of Motion Picture and Television Producers (AMPTP) will resume negotiations on Tuesday, nearly two weeks after talks broke down over actors' demand for a cut of streaming services' revenue .
"As we mark the 100th day of our strike, we are pleased to confirm the company executives have asked us to return to the table," SAG-AFTRA said in a post . "We are ready, willing, and able to engage on a moment’s notice to meet and to work across the table to achieve a deal that is worthy of your sacrifice."
Hollywood actors have been on strike since July over demands for higher pay, better working conditions, and guardrails for AI use, among others.
Writers in the industry had also been on strike, but it ended last month after the negotiating parties reached a deal, leading to speculation that actors would soon reach an agreement as well. However, talks broke down and had been suspended .
AMPTP represents major studios including Amazon ( AMZN ), Apple ( AAPL ), Disney ( DIS ), NBCUniversal ( CMCSA ), Netflix ( NFLX ), Paramount ( PARA ), Sony ( SONY ) and Warner Bros. Discovery ( WBD ).
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Hollywood strike: Actors, studios to resume negotiations