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Hollywood actors reach deal with top studios to end strike
Hindustan Times
|November 10, 2023
Hollywood actors reached a tentative agreement with major studios on Wednesday to resolve the second of two strikes that rocked the entertainment industry as writers and performers demanded higher pay in the streaming TV era.
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The 118-day work stoppage will end officially just after midnight, the SAG-AFTRA union said in a statement after its negotiating committee unanimously backed the deal with Walt Disney, Netflix and other companies. Valued at more than $1 billion, the three-year contract includes increases in minimum salaries and a new bonus paid by streaming services, the union said.
This story is from the November 10, 2023 edition of Hindustan Times.
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