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Initial reports are the dispute between writers & studio management is resolved. But at what cost to middle income workers who exhausted nest-eggs contrast mega-actors unaffected.
Currently only TV talk shows without actors can begin production again.
The SAG-AFTRA strike began July 17th, 2023 when the union representing 160,000 Hollywood actors went on strike after failing to come to an agreement with Hollywood's largest studio representatives. The SAG-AFTRA union joined the 11,000 Writers Guild who began their strike in May. One of the issues was "Post-1948 feature films sold to TV and profit sharing in the future." History of Residuals | SAG-AFTRA (sagaftra.org)
Previous lengthy strikes by SAG-AFTRA:
- 1988 lasted 188 days
- 2000 lasted 180 days
- 1936 - first strike. Issue: "use of US Army and Navy involvement in motion picture production"
Affected:
- >40 movies in production
- 30 TV shows/series + 5 completed but not released
- An additional 6 new media style productions
- 19 movies completed but not released
Unaffected:
- >500 movies in production that are covered by AMPTP
- Journalists
- SAG-AFTRA members working under contracts negotiated by the union separately from the AMPTP contracts
Cost? >$5million to studio's in NY & CA
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