Hollywood actors agree to federal mediation with strike threat looming

2024-12-24 21:45:09 source: category:Stocks

With contract talks stalled and the possibility of a strike inching closer, the union representing Hollywood actors announced late Tuesday that it had agreed to the studios' request for federal mediation to try to bridge the divide.

SAG-AFTRA, which represents thousands of actors in film and television, said that it had agreed to a "last-minute request for federal mediation" from the Alliance of Motion Picture and Television Producers, the group that represents all major Hollywood studios.

"We are committed to the negotiating process and will explore and exhaust every possible opportunity to make a deal, however we are not confident that the employers have any intention of bargaining toward an agreement," SAG-AFTRA said in a statement.

Variety was first to report that the AMPTP had asked for help from the Federal Mediation and Conciliation Service.

SAG-AFTRA's current contract, which has already been extended once from its previous deadline of July 1, is set to expire at midnight Wednesday. Union members have already given leadership the authority to call a strike if no agreement is reached.

The last-minute negotiation effort comes amid an ongoing strike by the approximately 11,000 members of the Writers Guild of America. While the WGA's strike, which began in May, has slowed Hollywood, an actors' strike would likely bring the industry to its knees, shuttering nearly all production.

It would mark the first Screen Actors Guild strike since 2000, and the first time both the WGA and the Screen Actors Guild would be on strike simultaneously since 1960. The Screen Actors Guild and the American Federation of Television and Radio Artists merged in 2012.

Meredith Stiehm, left, president of Writers Guild of America West, and Fran Drescher, president of SAG-AFTRA, take part in a rally by striking writers outside Paramount Pictures studio in Los Angeles on May 8, 2023.  Chris Pizzello / AP

Some of the major contract issues for both actors and writers have included residuals from streaming and the use of artificial intelligence

SAG-AFTRA has approximately 160,000 members, while the AMPTP represents Warner Bros. Discovery, NBC Universal, Sony, Netflix, and CBS News' parent company, Paramount.

    In:
  • Hollywood
  • Writers Guild of America
  • Screen Actors Guild
  • Strike

More:Stocks

Recommend

Mike Tyson vs. Jake Paul stirs debate: Is this a legitimate fight?

The power looks real.The speed looks real.The sweat, the grunts, the groans – it all looks real in t

Lawyer behind effort to remove Fani Willis from Georgia Trump case testifies before state lawmakers

ATLANTA (AP) — The lawyer who initiated the effort to remove Fani Willis from the Georgia election i

White House, Justice Department unveil new plan to protect personal data from China and Russia

Washington — The Biden administration is proposing regulations to help the Justice Department stop d