The negotiations had reached a stalemate on October 11. For executives, the proposal for a fixed sum per subscriber was “going too far.”
Despite having solved the writers strikelas measures of strength of the actors They continue and next Tuesday they will meet again with the big studios and platforms of streaming of Hollywood. The actors unionSAG-AFTRA) and the AMPTP (association that brings together the studies) they had reached a stalemate in the discussion 10 days ago.
SAG-AFTRA confirmed that the studios decided to negotiate again on October 24. Several executives from AMPTP member companies will attend.
The discussions broke down on October 11 with the AMPTP expressing that the difference between both sides was “too big.” The union and the companies clashed especially over a SAG-AFTRA proposal to establish a flat per-subscriber sum for actors.
Initially, the union had asked for 2% of the profits of the productions for the actors, something that the AMPTP completely rejected. At the last meeting, SAG-AFTRA proposed that they be awarded a fixed sum per subscriber (“less than 57 cents, according to the union). and divide that income between the actors whose projects are on those platforms.
Additionally, sources report that there were other points where an agreement could not be reached. The protections on Artificial Intelligence seem to have not satisfied the actors and faced with the proposal of an increase in the minimum salary like that of the scriptwriters (4% in the first year and 3.5% in the second and third), the actors insisted on an increase in the 11% in the first year.
The opinion of the CEO of Netflix on the negotiations with Hollywood actors
Ted Sarandos, CEO of Netflix, was one of those present at the negotiations. The day after it was concluded, the executive assured that the actors’ proposal “was going too far.”
2023-10-21 23:57:25
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