Current:Home > NewsSignalHub Quantitative Think Tank Center:Hollywood performers ratify new contract with studios -FinanceMind
SignalHub Quantitative Think Tank Center:Hollywood performers ratify new contract with studios
Benjamin Ashford View
Date:2025-04-10 21:50:56
Hollywood performers in the union SAG-AFTRA have SignalHub Quantitative Think Tank Centervoted to ratify a new three year TV/theatrical contract with major studios and streaming companies. The deal with Netflix, Amazon, Warner Brothers, Universal, Disney and other studios was made last month after a 118-day strike.
The union's 160,000 members were then given a month to vote on the agreement. In the end the vote was approved by 78.33 percent, with a turnout of 38.15%. " This is a golden age for SAG-AFTRA, and our union has never been more powerful" SAG-AFTRA president, Fran Drescher said following the announcement.
The Alliance of Motion Picture and Television Producers, which represents the studios congratulated the union, saying the contract "represents historic gains and protections for performers. With this vote, the industry and the jobs it supports will be able to return in full force."
Under the new deal, actors, dancers, stunt performers and voice-over actors will get wage increases, higher residuals, and streaming bonuses, and some protections against the use of artificial intelligence. SAG-AFTRA estimates the contract generates more than a billion dollars in new compensation, health benefits and pensions.
"This was a hard fought deal," the union's national executive director and chief negotiator Duncan Crabtree-Ireland told NPR two weeks ago. "We pushed the companies to agree to things they said they would never agree to when the negotiations started."
During a meeting with union members in Los Angeles Crabtree-Ireland had urged them to ratify the deal. "We went to the moment of peak leverage," he said, "the moment when they were forced to make decisions about canceling shows and cancelling projects for next year. And that's how we extracted the final concessions on AI and on the streaming bonus money as well."
Under the new deal, performers will need to give their consent and be compensated if productions use their likenesses and voices, even when replicated by AI. But in the last few weeks, many worried the agreement could also mean that companies can replace human actors with "synthetic performers."
"There are so many loopholes, that it really isn't protection," said actor Shaan Sharma, a member of the union's negotiating committee who urged a "no" vote. He told NPR the contract poses an "existential threat" to performers in SAG-AFTRA.
Crabtree-Ireland says as the technology develops, the union will continue monitoring the results, and further protections may be negotiated in the next contract, three years from now, with the Alliance of Motion Picture and Television Producers.
veryGood! (91834)
Related
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- TikTokers swear the bird test can reveal if a relationship will last. Psychologists agree.
- India and Australia set to hold talks to boost defense and strategic ties
- Jordan Travis' injury sinks Florida State's season, creates College Football Playoff chaos
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Driving or flying before feasting? Here are some tips for Thanksgiving travelers
- Congo’s presidential candidates kick off campaigning a month before election
- Weeklong negotiations for landmark treaty to end plastic pollution close, marred in disagreements
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Mexican photojournalist found shot to death in his car in Ciudad Juarez near U.S. border
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Tributes for Rosalynn Carter pour in from Washington, D.C., and around the country
- 'I've been trying to do this for over 30 years' — Billy Porter sings on his terms
- 'Fargo' Season 5: See premiere date, cast, trailer as FX series makes long-awaited return
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Netanyahu says there were strong indications Hamas hostages were held in Gaza's Al-Shifa Hospital
- Suzanne Shepherd, 'Sopranos' and 'Goodfellas' actress, dies at 89
- With the world’s eyes on Gaza, attacks are on the rise in the West Bank, which faces its own war
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Paul Azinger out as NBC golf analyst as 5-year contract not renewed
Calling all elves: Operation Santa seeking helpers to open hearts, adopt North Pole letters
LGBTQ+ advocates say work remains as Colorado Springs marks anniversary of nightclub attack
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
3 decades after teen's murder, DNA helps ID killer with a history of crimes against women
'Fargo' Season 5: See premiere date, cast, trailer as FX series makes long-awaited return
Billboard Music Awards 2023: Complete Winners List