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.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fran Drescher criticized for Dolce & Gabbana Italy trip as actors strike deadline approaches | CNN BusinessFran Drescher, the president of the SAG-AFTRA union, is facing criticism for traveling to Italy to attend Dolce & Gabbana’s Alta Moda festivities this past weekend as her 160,000-member actors union faces a Thursday deadline to go on strike.
Source: CNN - 🏆 4. / 95 Read more »

Actors union agrees to 11th hour mediation effort, but strike still looms | CNN BusinessThe union representing 160,000 actors said on Tuesday it has agreed to a request from studios and streaming services to meet with federal mediators over contract negotiations but is still prepared to go on strike at 11:59 pm PDT on Wednesday unless a deal is reached.
Source: CNN - 🏆 4. / 95 Read more »

Actors are poised to go on strike against studios and streaming services | CNN BusinessSome very famous faces are once again less than a day away from hitting the picket lines as the union representing about 160,000 actors prepares to possibly go on strike against major studios and streaming services.
Source: CNN - 🏆 4. / 95 Read more »