SAG-AFTRA’s negotiations with studios has been put on hold

Negotiations between the studios and SAG-AFTRA, who have been on strike since July 14^th, have been suspended due to them not being able to find common ground.

Both parties declared that deliberations involving the studios and the union that speaks for thousands of Hollywood actors on strike have been put on hold. In a statement released late on Wednesday, the Alliance of Motion Picture and Television Producers (AMPTP) claimed that the difference between the two organizations "is too great." The Screen Actors Guild-American Federation of Television and Radio Artists, better known as SAG-AFTRA, has been on strike since July 14^th, some weeks after the writers' union went on strike on May 2^nd.

The CEOs of the sector have left the negotiating table after failing to challenge the union’s most recent offer, the union said in a communication to members sent early on Thursday.

On September 27^th, nearly five months after it began, the Writers Guild of America strike came to an end. This week, the union's members ratified the contract. Late in September, the actors union and the AMPTP announced that their negotiations had resumed.

The trade group for studios singled out the SAG-AFTRA-requested audience incentive, which the studios claim "would create an untenable economic burden." It stated that the plan might cost $800 million annually. The cost of the aforementioned proposal, according to SAG-AFTRA, was overstated by 60%, while the studios were accused of using "bully tactics" and of purposefully misleading the press.