HomeEntertainmentSAG-AFTRA Releases Full Tentative Agreement Ahead Of Ratification Vote

    SAG-AFTRA Releases Full Tentative Agreement Ahead Of Ratification Vote

    SAG-AFTRA has released a detailed 128-page document with renewed contract terms agreed upon after the conclusion of the 118-day actors’ strike.

    The release came against the backdrop of pressure from members who demanded to understand the details of the agreement with the Alliance of Motion Picture and Television Producers (AMPTP) before the ratification vote to be held on December 5.

    Related: How Did Selena Gomez’s ‘Only Murders In The Building’ Instagram Post Break The SAG-AFTRA Strike Rules?

    New SAG-AFTRA Agreement Achieves Over $1 Billion Compensation

    The strike lasted for 118 days. (Image: The Hollywood Reporter)

    “These contracts achieve more than $1 billion in NEW compensation and benefit plan funding,” National Executive Director and Chief Negotiator Duncan Crabtree-Ireland said while talking about the contract.

    He also spoke about the key features, including AI protections, advancements in hair and makeup equity, expanded background coverage, substantial streaming residuals, and the introduction of a new streaming success fund.

    Crabtree-Ireland further thanked everyone who supported the cause for their sacrifice, solidarity, and tenacity during the strike that lasted for 118 days. He asserted that the cause has reached this stage and there have been changes in the agreement because of their collective effort.

    In case you missed: Dwayne Johnson Gives ‘Historic’ Seven-Figure Donation To SAG-AFTRA Relief Fund Amid Strike

    SAG-AFTRA President Says It Is A Big Achievement

    The strike was wrapped up on November 8. (Image: Rolling Stone)

    The strike, which concluded on November 8, led to a new three-year contract with the studios. It got 86% approval from SAG’s national board two days after the contract was culminated.

    SAG-AFTRA president Fran Drescher said the ongoing vigilance is important for the protection of content against AI duplication, especially when there’s no consent or compensation involved.

    “The new stream of revenue for members on SVOD is very important and really a big accomplishment,” she said while speaking to The Hollywood Reporter.

    As the ratification process is set to conclude on December 5, the union is focused on ensuring that the negotiated terms meet the expectations of its membership.

    The full Memorandum of Agreements is available for review here.

    You might also like to read: Tom Cruise Tried His Best To Broker Peace Between Movie Studios And SAG-AFTRA Union, But AI Policy Proved to Be His Bane

    Aishwarya is a Senior Sub-Editor at First Curiosity. Working as a news writer for over 3 years, she has written on an array of things for a couple of media houses in different capacities. With writing as her outlet, she is now exploring the world of art and glamour. She has previously been associated with ETV Bharat and India Today as part of national editorial teams. With a fair share of work done covering national and international issues, she is now navigating through her abilities in the field of films and art. A movie and TV show buff, Aishwarya at First Curiosity tries to bring forth what a layman's eye might easily miss out on. Her flair for words and ability to convey what's between the lines are her biggest strengths. Her love for films and writing stems from her fondness for words and all things artsy. An avid reader and writer alike, Aishwarya likes to delve into any and all forms of art. When not tapping on her keyboard churning out articles, she can be found staring at books or screens, trying to find stories that'll help her explore the world and its portrayal through art better.

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