Actors set to strike after talks with major studios and streaming services fail | CNN Business

It will be the first time its members have stopped work on movie and television productions since 1980, after a final day of negotiations on Wednesday did not produce an agreement. Fran Drescher, president of SAG-AFTRA, the union, said in a statement the studio management’s offers were “insulting and disrespectful.” “The companies have refused to meaningfully engage on some topics and on others completely stonewalled us,” she said.

“Their refusal to meaningfully engage with our key proposals and the fundamental disrespect shown to our members is what has brought us to this point. The studios and streamers have underestimated our members’ resolve, as they are about to fully discover.” The difficulty of coming up with contract language to cover the age of streaming services and artificial intelligence is why many people fear it will be difficult to reach agreement on a contract quickly.

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