Tag: AMPTP
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AI is the Biggest Reason the Hollywood Actors Strike Isn’t Ending
SAG-AFTRA’s negotiating committee on Sunday said it formally responded to the Alliance of Motion Picture and Television Producers’ “last, best and final offer,” noting that the two sides remain far apart on some issues. “There are several essential items on which we still do not have an agreement, including AI,” the committee said in a…
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Celebrities Say They ‘Would Rather Stay on Strike Than Take a Bad Deal’ As Actors and Studios Continue Talks
In an open letter to the SAG-AFTRA negotiating committee, thousands of stars said they remain committed to the strike until an acceptable deal is reached with the Alliance of Motion Picture and Television Producers, AMPTP. The letter includes signatories like Christian Slater, Pedro Pascal, Kerry Washington, and Sarah Paulson. “We have not come all this…
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Actors and Studio Representatives Restarted Talks Today To End the Strike
SAG-AFTRA’s negotiating committee said company executives asked to return to the bargaining table with official talks underway today. The request came on the guild’s 100th day on the picket line. “It is clear that the strength and solidarity shown by our members has sent an unmistakable message to the CEOs,” the committee said in an…
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Actors and Studios Are at a $480 Million Impasse To End the Strike
When talks between SAG-AFTRA and Hollywood studios to end the actors strike broke down last week, the Alliance of Motion Picture and Television Producers, AMPTP, said the “gap” between the two parties was “too great.” Actors are demanding a new streaming residual formula of $500 million, but the AMPTP is only willing to pay $20…
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Talks Between Actors and Studios To End Strike Have Broken Down
Talks to resolve the actors strike have been “suspended,” according to statements from SAG-AFTRA and the Alliance of Motion Picture and Television Producers, AMPTP, after the actors guild presented its most recent proposal on Wednesday. Actors and Hollywood studios have been back at the bargaining table for less than two weeks following two months of…
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When Will the Actors Strike End? Where Talks Stand Today
Representatives for the Screen Actors Guild, or SAG-AFTRA, and Hollywood studios returned to the bargaining table today. As of Tuesday, members of the actors guild have been on strike for 90 days. Since rekindling negotiations, SAG-AFTRA and the AMPTP have been coming together every other day, although a deal has yet to be reached. SAG-AFTRA…
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Actors and Studios Meet To End SAG-AFTRA Strike but the Outcome Is Still Uncertain
The writer’s strike has ended, but the actors’ guild and big media companies are still trying to find common ground. Guild members aren’t expecting a speedy resolution even as they get back to the bargaining table, according to Deadline. “SAG-AFTRA and the AMPTP will resume negotiations for a new TV/Theatrical contract on Monday, October 2.…
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Warner Bros. Discovery Says It’s “Really Shut Down” As Writers Strike Continues
Warner Bros. Discovery continues to feel the impact of the ongoing writers and actors strike. Following last week’s news that the company could lose up to $500 million in adjusted earnings for 2023, executives are reiterating their desire to resolve the strikes and “get back to work,” according to Deadline. “From an operational/financial perspective, we’re…
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Warner Bros. Discovery Could Lose Up to $500 Million This Year Amid Strikes
The ongoing writers and actors strikes are poised to hit Warner Bros. Discovery (WBD) where it hurts — its bottom line. WBD said it could see the strikes costing $300 million to $500 million in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for 2023. In a filing with the Securities and Exchange Commission,…
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Poll Shows Overwhelming Support for Striking Hollywood Actors, Writers
A vast majority of Americans support Hollywood writers and actors striking for better pay and working conditions over the entertainment studios, according to a new poll. The Gallup’s annual Work and Education poll, conducted this month, found that 72% of Americans side with TV and film writers. The data also showed 67% of Americans supported…