SAG-AFTRA Reveals More On Wage Increases & Other Details Of “Landmark” Deal With Studios; Ratification Vote Set To Start Tuesday

deadline.com:

Following today’s vote by the majority of SAG-AFTRA‘s National Board to approve the tentative agreement reached with studio CEOs and the AMPTP earlier this week, the actor’s guild has released more details of the deal.

As they have repeatedly said in the past two day since reaching a deal with the studios to end the 118-day strike, the guild stated Friday “the total package” is “valued at more than one billion dollars in new wages and benefit plan funding.” Coming two days after the guild and the Alliance of Motion Picture and Television Producers reached their tentative agreement, released more compensation information on the deal Friday, several hours after the SAG-AFTRA National Board voted 86% to approve it.

An 80-page summery of the full agreement, which has not yet been made public, will go to eligible members of the guild on November 13, I hear.

Ratification voting on the agreement starts November 14 and runs until the first week of December for the 160,000 member guild.