LOS ANGELES:
Main movie and tv studios provided Hollywood actors greater than $1 billion in increased compensation and enhanced advantages earlier than the SAG-AFTRA union referred to as a strike final week, a gaggle that represents media corporations mentioned on Monday.
The Alliance of Movement Image and Tv Producers (AMPTP), which negotiates on behalf of Netflix Inc (NFLX.O), Walt Disney Co (DIS.N), Warner Bros Discovery (WBD.O) and others, mentioned SAG-AFTRA “continues to mischaracterize the negotiations.”
SAG-AFTRA referred to as a strike final Thursday after union negotiators mentioned they have been unable to succeed in an settlement with studios on a brand new three-year contract with increased advantages and limits on the usage of their photos by synthetic intelligence.
“The deal that SAG-AFTRA walked away from on July 12 is price greater than $1 billion in wage will increase, pension and well being contributions and residual will increase and contains first-of-their-kind protections over its three-year time period, together with expressly with respect to AI,” the AMPTP mentioned in an announcement. “For SAG-AFTRA to say that we have now not been aware of the wants of its membership is disingenuous at greatest,” the AMPTP added.
Earlier on Monday, SAG-AFTRA, which represents greater than 160,000 actors, stunt performers and others, issued an in depth record of its proposals, and what it mentioned have been the studios’ responses, beneath the title “We’re preventing for the survival of our career.” Amongst them, SAG-AFTRA mentioned it requested for an 11% common wage improve within the first yr of the contract to make up for inflation. The union mentioned the studios countered with a proposal of 5%.
“We moved on some issues, however from day one they wouldn’t meaningfully have interaction on probably the most essential points,” SAG-AFTRA mentioned. The actors have joined members of the Writers Guild of America (WGA), which went on strike on Might 2 after failing to succeed in a take care of the AMPTP.