The highly anticipated negotiations between SAG-AFTRA and the studios didn’t happen as planned, but surprisingly, everyone seems to be okay with it. According to a guild source close to the talks, it’s seen as a positive step in the right direction, allowing the negotiating committee to thoroughly review the latest proposals presented by the studios.
While the actors guild initially stated that talks would continue as scheduled, SAG-AFTRA leadership decided to take a brief pause and review the proposals. This change of plans was met with understanding from the studio chiefs, who appreciated the consideration. As one insider put it, there’s no need to read too much into it – it’s simply a time for review and consideration.
The studio CEOs, including Bob Iger, Donna Langley, David Zaslav, and Ted Sarandos, presented an offer aimed at breaking the stalemate caused by the guild’s demand for revenue sharing. Their proposal focused on increased bonuses for streaming success and higher minimum rates. They saw it as a potential pathway to a new three-year deal with the Guild.
However, SAG-AFTRA negotiators didn’t receive the new proposals as warmly as the studios had hoped. According to insiders, it “flopped” in the room. But this is all part of the negotiation process, and it’s not uncommon for there to be disagreements and differing perspectives.
Despite the initial challenges, both sides are committed to reaching an agreement. The negotiating committee and the AMPTP, along with the studio CEOs, will meet again on Thursday to continue the discussions.
While tensions may have run high during the talks, there were also moments of levity. Fran Drescher, in particular, helped lighten the mood and raise the overall tone of the negotiations. It’s clear that everyone involved wants to find a resolution, but it will take time and effort.
The fear on both sides is that if a deal isn’t reached soon, it could have severe consequences for the California economy, which has already suffered significant losses due to the strike. The industry has seen job losses and production shutdowns, and a prolonged stalemate could result in the cancellation or postponement of upcoming TV shows and movies. This would not only impact the industry but also affect exhibitors and the box office.
In conclusion, while the negotiations didn’t go as smoothly as hoped, both sides remain committed to finding a resolution. The brief pause allows for a thorough review of the proposals, and discussions will continue in the coming days.
