International Courant
Hollywood studios and main streamers met with SAG-AFTRA management on Saturday to current an overarching bundle of proposals in an try to finish the actors’ strike.
The union dispatched a word to its members after the assembly ended, saying the negotiating committee is now reviewing what it says is the businesses’ “final, finest and closing supply.” It additionally urged members to disregard exterior conjecture and rumours.
An expanded complement of CEOs from the main studios and the streamers attended Saturday’s bargaining session with SAG management, The Hollywood Reporter has discovered.
Behind the scenes, prime executives say they may very well be executed negotiating in the interim — or seemingly till the brand new yr — if SAG-AFTRA does not embrace what one studio-side supply within the assembly claimed was a deal “price greater than three of the final offers put collectively.”
Studios have informed SAG management in current days that if there is no such thing as a signal of a decision by the primary week or second week of November, their 2024 summer time film slates may very well be thrown into disarray; ditto for the upcoming TV season, which has already been impacted.
“It is a superb deal for them; they’ve gotten nearly the whole lot they’ve needed, and so they got here again for extra,” says the supply, including that until a deal is reached this weekend or by early subsequent week, “it means we’re completed.”
Regarding the closing supply, the studios and streamers made what they categorized as main concessions, together with extra favorable AI safety than the WGA deal lately offered (the actor’s wants relating to AI safety are in fact very totally different than writers, highest wage will increase in 40 years and a brand-new streaming residual primarily based on efficiency metrics.
The 2 events convened Saturday on Zoom after the studios made their newest supply to prime negotiators for the union on Friday night time. Studio heads together with Disney’s Bob Iger, NBCUniversal’s Donna Langley, Netflix’s Ted Sarandos and Warner Bros. Discovery’s David Zaslav attended earlier negotiations classes with SAG-AFTRA this yr, in addition to with the Writers Guild of America earlier than that union made its deal in late September — however Saturday’s group was extra quite a few.
High execs from Paramount, Sony, Apple and Amazon have been additionally in attendance, which means that the entire main legacy Hollywood studios have been represented alongside the three tech giants with main movie and TV ambitions.
The turnout was a critical signal because the SAG-AFTRA strike hits its 114th day. As of Saturday, sources gave differing solutions as to when a deal is perhaps executed, with some extra optimistic than others that negotiations might wrap up shortly at this juncture. The SAG-AFTRA negotiating committee met Saturday morning to arrange for the day’s bargaining session.
The 2 events have been again on the bargaining desk and assembly repeatedly since Oct. 24. Iger, Langley, Sarandos and Zaslav have been current for a few of these conferences, however lately AMPTP president Carol Lombardini has been main the conversations on behalf of the studios.
A bit over per week in the past, the expanded group of prime executives met with SAG-AFTRA chief negotiator Duncan Crabtree-Eire and union president Fran Drescher to, amongst different issues, lay out the stakes relating to their TV and movie manufacturing schedules and the way they’re reaching a tipping level.
Individuals on that decision, along with the 4 common executives who’ve been current in earlier negotiating classes, included Sony Footage chairman Tony Vinciquerra, Paramount CEO Brian Robbins and Amazon Studios’ Mike Hopkins and Jennifer Salke.
Nov. 4, 2:45 pm: Up to date with assembly particulars and SAG assertion.
Kim Masters contributed to this report.
SAG-AFTRA Evaluating Studio Leaders’ “Final, Greatest and Closing Provide” – The Hollywood Reporter
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