Studios and SAG-AFTRA Reach New Pact After Talks

Studios and SAG-AFTRA Reach New Pact After Talks

Studio negotiators and SAG-AFTRA have sealed a new contract that governs film, scripted primetime television, streaming, and related media. Described as the successor to the 2023 agreements, the pact is headed to SAG-AFTRA’s national board for review before it becomes final.

What the deal covers

Key elements include guardrails on artificial intelligence, ongoing pay and benefits, and a notable boost to the pension fund. The agreement runs four years, aligning with recent industry patterns and aiming to provide stability for performers and other workers.

Process and next steps

Negotiations began February 9, paused in March to accommodate the Writers Guild process, and resumed April 27. The talks wrapped on May 2, with further details held for the board’s assessment and standard disclosure procedures.

Industry response

Industry groups greeted the development positively. The Producers Guild of America praised SAG-AFTRA, while the Directors Guild of America commended the deal as a foundation for steady careers. A vote by SAG-AFTRA members will determine final ratification.

As with the recent WGA agreement, the deal includes a financial commitment to the pension system and reflects ongoing AI safeguards. The DGA is set to review its position next, with additional details anticipated in coming days.

Source: Original article

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