Breaking news out of Hollywood, as it's being reported that SAG-AFTRA and the Alliance of Motion Picture and Television Producers (AMPTP) have come to terms on a tentative deal that will bring an end to the 118-day actors' strike that has kept a number of Hollywood's biggest production in an indefinite hiatus for a vast majority of the year.
The strike will officially conclude at 12:01 a.m. PT on Thursday, November 9, so expect a heavy dose of news over the coming hours, but the full details of the three-year contract won't be revealed until Friday when the agreement goes to the board.
While it remains to be seen which projects resume filming first, the buzz is that television series will likely be able to get restarted the quickest, so expect some major updates on Daredevil: Born Again and other upcoming Marvel Studios television shows relatively soon. However, all eyes are already on what's to happen with the many paused theatrical productions, with Deadpool 3, Mission: Impossible 8, Venom 3, Gladiator 2, and Avatar 3 being among the most prominent films fans are hoping to get updates on sooner than later.
With actors once again allowed to promote their new releases and engage in conversations about future projects, we should also hopefully start getting new casting announcements and it should only be a matter of time before Marvel Studios shares that long-awaited Fantastic Four cast and James Gunn offers some more Superman: Legacy casting updates.
Read the full SAG-AFTRA statement below:
Dear SAG-AFTRA Members,
We are thrilled and proud to tell you that today your TV/Theatrical Negotiating Committee voted unanimously to approve a tentative agreement with the AMPTP. As of 12:01am on November 9, our strike is officially suspended and all picket locations are closed. We will be in touch in the coming days with information about celebration gatherings around the country.
In a contract valued at over one billion dollars, we have achieved a deal of extraordinary scope that includes "above-pattern" minimum compensation increases, unprecedented provisions for consent and compensation that will protect members from the threat of AI, and for the first time establishes a streaming participation bonus. Our Pension & Health caps have been substantially raised, which will bring much needed value to our plans. In addition, the deal includes numerous improvements for multiple categories including outsize compensation increases for background performers, and critical contract provisions protecting diverse communities.
We have arrived at a contract that will enable SAG-AFTRA members from every category to build sustainable careers. Many thousands of performers now and into the future will benefit from this work.
Full details of the agreement will not be provided until the tentative agreement is reviewed by the SAG-AFTRA National Board.
We also thank our union siblings -- the workers that power this industry -- for the sacrifices they have made while supporting our strike and that of the Writers Guild of America. We stand together in solidarity and will be there for you when you need us.
Thank you all for your dedication, your commitment and your solidarity throughout this strike. It is because of YOU that these improvements became possible.
In solidarity and gratitude,
Your TV/TH Negotiating Committee