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Hollywood remains largely shutdown as negotiations between the major studios and the SAG-AFTRA actors’ union were scrapped on Wednesday as the two sides failed to compromise over streaming revenue and artificial intelligence guarantees.
Despite the end of the Writers Guild of America strike, where studios met new conditions acceptable to striking writers, the movie and television industry remains at a standstill until actors and the Alliance of Motion Picture and Television Producers (AMPTP) can make similar agreements on contract issues.
Actors are seeking a share of streaming profits in the form of a bonus, but the AMPTP said sharing that revenue “would cost more than $800 million per year, which would create an untenable economic burden.”
The actors’ union also said studios “refuse to protect performers from being replaced by AI,” while the AMPTP said it had promised to obtain consent of the performers before using any digital replicas of their likenesses.
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Disinformation report hotline: 010-85061466