SAG-AFTRA has released more detailed contract terms than the previous summary of the agreement that was released following the end of the 118-day actors strike.
The performers union released a 128-page document featuring a memorandum of agreements after it received some pressure from members to release the terms of the contract between SAG and the AMPTP ahead of the ratification vote.
“These contracts achieve more than $1 billion in NEW compensation and benefit plan funding (including an additional $317.2 million to the benefit plans),” national executive director and chief negotiator Duncan Crabtree-Ireland wrote in a letter to members.
He continued, “The contracts establish lengthy and detailed AI guardrails that didn’t exist before and do protect you as we meet the challenge of this new technology, hair and makeup equity, significantly increased background coverage, outsized streaming residuals, a new streaming success fund and so much more. These gains are only possible because of your sacrifice, solidarity and tenacity over the 118 days of the strike and are assured if you vote to ratify the agreement.”
The actors strike ended on Nov. 8 after the union was able to make a deal with the studios for a new three-year contract. Two days later, SAG’s national board approved the tentative agreement with 86 percent of votes.
In an interview with The Hollywood Reporter following the end of the work stoppage, union president Fran Drescher explained what she was most excited to have accomplished in the deal.
“The new stream of revenue for members on SVOD is very important and really a big accomplishment,” she said. “And I think that the AI protections remain something that we are constantly going to have to monitor and fight for the level of protections whereby our members will not be duplicated or synthesized in any way without consent and compensation. So those are very big and absolutely had to happen or it would have been a deal-breaker.”
SAG-AFTRA began voting on ratification Nov. 14, and ballots are due Dec. 5.
Read the full Memorandum of Agreements here.
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