Why celebrities are striking: The average pay for actors may surprise you | CNN Business

On Friday, the SAG-AFTRA, a union representing about 160,000 Hollywood actors, officially went on strike after failing to reach a deal with Hollywood’s biggest studios. That means Hollywood actors and writers are on strike simultaneously for the first time in more than 60 years, bringing most film and television productions to a halt.

However, while well-known actors are paid millions of dollars to star in movies and TV shows, many members of SAG-AFTRA don’t bring in enough income each year to meet the union’s minimum requirement. According to Shaan Sharma, an actor and SAG-AFTRA board member, just 12.7% of SAG-AFTRA members qualify for the union’s health plan. Actor Rod McLachlan, who has appeared in television shows such as “Blue Bloods,” said it’s “a constant struggle” to meet the health insurance threshold.

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.

Why college is getting more expensive | CNN BusinessThe average American saved $5,011 last year. That means it would take them about 75 years to save up enough cash to send one child to a top-rated US university.
Source: CNN - 🏆 4. / 95 Read more »