June 18, 2024
Hollywood Strike: Actors And Studios Unable To Reach Agreement After Talks Break Down
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Hollywood Strike: Actors And Studios Unable To Reach Agreement After Talks Break Down

Negotiations between major Hollywood studios and actors have been  suspended, meaning production of certain shows and movies could remain on pause.

Actors’ union SAG-AFTRA has been on strike since July.

The two sides have been fighting over issues such as compensation and the use of artificial intelligence.

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Studios said they were pausing talks because they were “no longer moving us in a positive direction”.

The Alliance of Motion Picture and Television Producers (AMPTP), which bargains on behalf of the studios, says in a statement that after meaningful conversations, it is clear that the gap between both groups is great.

The news comes several weeks after the Writers Guild of America – which had been on strike for 148 days – reached a deal with entertainment companies, which included better royalty payments for streaming content.

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