After less than two weeks, the latest negotiations between SAG-AFTRA and the studios and streamers have broken down and been “suspended,” according to the AMPTP “We hope that SAG-AFTRA will reconsider and return to productive negotiations soon,” said the Carol Lombardini-led group in a statement late Wednesday after what was described as “much rockier than usual” talks Wednesday Read the full AMPTP statement here: Negotiations between the AMPTP and SAG-AFTRA have been suspended after SAG-AFTRA presented its most recent proposal on October 11.
After meaningful conversations, it is clear that the gap between the AMPTP and SAG-AFTRA is too great, and conversations are no longer moving us in a productive direction.
SAG-AFTRA’s current offer included what it characterized as a viewership bonus that, by itself, would cost more than $800 million per year – which would create an untenable economic burden.
SAG-AFTRA presented few, if any, moves on the numerous remaining open items. Member company executives and AMPTP representatives met with SAG-AFTRA for five days over the past eight workdays.
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