SAG-AFTRA Strike Ends; Hollywood Surrenders to Streaming Era Changes (ep.303)

What this episode covers

The SAG-AFTRA Strike ends and the Hollywood Labor Unions put up a long fight to sequentially change the rules to catch up with the era of streaming. Variety reported: SAG-AFTRA negotiators have approved a tentative agreement that will end the longest actors strike against the film and TV studios in Hollywood history.In an announcement Wednesday, the union said the 118-day strike would officially end at 12:01 a.m. on Thursday.The union’s negotiating committee approved the deal on a unanimous vote. The agreement next goes to the SAG-AFTRA national board for approval on Friday.The two sides spent the last several days putting the finishing touches on the deal, which will see the first-ever protections for actors against artificial intelligence and a historic pay increase. The deal will see most minimums increase by 7% — two percent above the increases received by the Writers Guild of America and the Directors Guild of America.The deal also includes a “streaming participation bonus,” according to an email sent to SAG-AFTRA members, as well as increases in pension and health contributions. The union said the contract is worth more than $1 billion in total.Contact KOP for professional podcast production, imaging, and web design services at http://www.kingofpodcasts.comSupport KOP by subscribing to his YouTube channel and search for King Of PodcastsFollow KOP on Twitter or Facebook @kingofpodcastsListen to KOP’s other programs, Depraved and Debaucherous… and the Wrestling is Real Wrestling Podcast.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-broadcasters-podcast--3684131/support.Contact KOP for professional podcast production, imaging, and web design services at http://www.kingofpodcasts.comSupport KOP by subscribing to his YouTube channel and search for King Of PodcastsFollow KOP on X and TikTok @kingofpodcasts (F Meta!)Listen to KOP’s other programs, Podcasters Row… and the Wrestling is Real Wrestling Podcast and The Broadcasters Podcast.Buy KOP a Coffee https://buymeacoffee.com/kingofpodcastsDrop KOP a PayPal https://www.paypal.com/donate?hosted_button_id=3TAB983ZQPNVLDrop KOP a Venmo https://account.venmo.com/u/kingofpodcastsDrop KOP a CashApp https://cash.app/$kingofallpodcasts

PodParley-generated summary based on available episode metadata and transcript content.