Actors delay potential strike against studios and streaming services, extending contract negotiations | CNN Business

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A union representing 160,000 actors has put plans to go on strike against major studios and streaming services on hold

The contract between the actors and an alliance of studios had been due to expire at midnight Friday. But late Friday the Screen Actors Guild-American Federation of Television and Radio Artists announced it would push back the expiration until 11:59 p.m. PDT on July 12 as it continues negotiations.

“This is a sea-change negotiation,” said David Mumpower, a media expert, chief content officer of Mickeyblog, which tracks news about Disney, and co-host of the “Streaming into the Void” podcast. “And if they get it wrong now, they’re going to have it wrong for decades.

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