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SAG-AFTRA & Studios Set More Contract Talks For Friday; “Cautious Optimism” Motto Of The Day

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EXCLUSIVE: SAG-AFTRA’s chief negotiator Duncan Crabtree-Ireland said it on the picket lines earlier today, and now it seems that “cautious optimism,” as an insider also stated, has become the takeaway term Thursday for the state of talks between the guild and the studios.

In that vein, SAG-AFTRA and the AMPTP have agreed to meet again on Friday, October 27, we hear. Today’s negotiations have ended after almost five hours.

With no direct talks yesterday, the gist of Wednesday’s deliberations was SAG-AFTRA’s response to the AMPTP’s most recent offer of October 24 of increased bonuses based on the success of streaming shows and movies and a rise in minimum rates.

Using their hard fought deal with the Writers Guild as a baseline, the studios had put forth a 7% increase in minimums. It is understood the guild, who have been discussing an 11% rise, recognized the tactical heft of the move and offered a compromise that lessened the gap between the two.

Read more on deadline.com
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