Strike: Actors return to duty after securing settlement in Hollywood

Strike: Actors return to duty after securing settlement in Hollywood

After months of tense negotiations, the actors and major Hollywood studios have found common ground. An agreement was reached on Wednesday 8 November to end the strike that was paralyzing film and series production in the United States. The new collective bargaining agreement, estimated to cost over a billion dollars, envisions significant changes in the entertainment industry.

After long months of litigation and work stoppages that have rocked the entertainment industry in the United States, an agreement was finally reached between the actors and the major Hollywood studios. The agreement, concluded on Wednesday 8 November, officially marks immediate end to the strike.

A three-year collective agreement

Actors and film studios have agreed to a new three-year collective bargaining agreement. Qualified as a measure “extraordinary scope” from the union to some 160,000 membersSAG-AFTRA (The Screen Actors Guild‐American Federation of Television and Radio Artists), this new agreement will be investeda billion dollars, funded by the studios like Disney, Netflix, Warner Bros or even Universal.

The impact of the strike was felt by actors, stuntmen and dancers. With the exception of a minority of big stars, many professionals have seen their financial situations collapse. Some have reconverted. As far as the studio is concerned, the postponed releases piled up, Dune 2 yr ChallengersPassing through Stranger things OR The last of usdisrupting the entertainment industry calendar on a global scale.

Strike: Actors return to duty after securing settlement in Hollywood
Dune 2 // Source: Warner Bros

Artificial intelligence, streaming: an agreement that takes into account the changes in Hollywood

Although the specific details of this agreement have yet to be made public, it is already established that the agreement will include a significant increase in the minimum wage for actors, security versus intrusion of artificial intelligence in the profession and, for the first time, a bonus system for streaming rebroadcasts.

The announcement of this agreement was greeted with enthusiasm by many Hollywood celebrities. On social media, Jamie Lee Curtis said this on Instagram “Persistence pays off!” » and Zac Efron welcomed the deal at the Iron Claw premiere, saying: “Let’s get back to work, let’s go, I’m so happy.” »

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