SAG AFTRA says the studios have walked away from negotiations. The word is that the studios don’t want to ante up on a percentage of streaming profits for the actors. Streaming is so unlike regular TV and movies. The content is available 24/7, not just when offered officially.
SAG is right. The streamers are learning the same lesson that has faced music streaming and downloading for years. The people who created the content want to be paid every time someone uses it.
Hollywood is in limbo. We are three months out from awards season in January. We’re two months out from a holiday break which begins around December 15th and lasts two to three weeks. The studios must come to a reasonable agreement and get Hollywood back to work — especially as all streamers are raising subscription prices as we speak.
🧵To Our Fellow #SagAftraMembers:
It is with profound disappointment that we report the industry CEOs have walked away from the bargaining table after refusing to counter our latest offer. (1/11) pic.twitter.com/nd2PfpDH4F
— SAG-AFTRA (@sagaftra) October 12, 2023
