After 118 days of actors and other members of The Screen Actors Guild American Federation of Television and Radio Artists (SAG-AFTRA) being on strike, the guild has announced that it and the Alliance of Motion Picture and Television Producers (AMPTP) have reached a tentative deal on a new three-year contract, according to Deadline.

SAG-AFTRA Strike Ends

The strike will officially be over as of 12:01 a.m. PT on November 9, 2023, per Deadline.

Following the Writers Guild of America finalizing its own deal with the AMPTP after their strike, this deal is reportedly the result of the latest round of negotiations that started on October 24. Netflix’s Ted Sarandos, Disney’s Bob Iger, NBCUniversal’s Donna Langley, and Warner Bros. Discovery’s David Zaslav frequently took part in the talks themselves.

This agreement follows the studios responding on November 3 to the guild’s latest counter with a “historic” package. Less than 24 hours later, an expanded group of studio leaders joined to brief SAG-AFTRA on the new offer, which reportedly includes “big gains in ages and bonuses as well as sweeping AI protections.”

If successful, eligible members of the guild will vote to ratify the new contract. It is also possible that the strike could end before the ratification vote is complete, allowing people to get back to work quickly.

According to Deadline, the Hollywood strikes have cost the Southern California economy an estimated $6.5 billion and 45,000 entertainment industry jobs after WGA hit the picket lines in May, followed by SAG-AFTRA in July.

Stay tuned for more details as this story develops.

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