The Hollywood industry was abuzz with excitement after the news broke of the tentative agreement reached between SAG-AFTRA and the studios and streamers. The deal on a new three-year contract comes after 118 days into the actor strike and after weeks of renewed negotiations. The strike will end at 12:01 a.m. Thursday as the deal goes to the union’s national board for approval on Friday. If ratified, the contract could go into effect soon.
In a statement shared with members, SAG-AFTRA highlighted the scope and value of the agreement, stating, “In a contract valued at over one billion dollars, we have achieved a deal of extraordinary scope that includes ‘above pattern’ minimum compensation increases, unprecedented provisions for consent and compensation that will protect members from the threat of AI, and for the first time establishes a streaming participation bonus. Our Pension & Health caps have been substantially raised, which will bring much needed value to our plans. In addition, the deal includes numerous improvements for multiple categories including outsize compensation increases for background performers and critical contract provisions protecting diverse communities.”
Following the announcement, a flurry of reactions poured in from actors, joining the chorus to celebrate the end of the strike. Mandy Moore, Alec Baldwin, Octavia Spencer, and Noah Schnapp were just a few celebrities who took to social media to express their excitement. Fran Drescher, president of SAG-AFTRA, who had been at the front of negotiations, shared her jubilation on Instagram, thanking SAG-AFTRA members for their persistence, and expressing gratitude to the negotiators, strike captains, staff, and sister unions for their unwavering support.
Los Angeles Mayor Karen expressed her gratitude for the fair agreement, stating it would impact nearly every part of the local economy and would contribute to the recovery of the entertainment industry.
This Is Us star Mandy Moore took to her Instagram Story to thank SAG-AFTRA negotiators and leadership for steering the agreement across the finish line, expressing gratitude to all parties who contributed to ending the strike. Other actors like Alec Baldwin, Octavia Spencer, and Noah Schnapp also expressed their joy and relief over the strike’s conclusion.
Prominent figures such as Daniel Dae Kim, Kumail Nanjiani, and Alyssa Milano also shared their thoughts on social media, with many eagerly expressing their readiness to get back to work following the strike’s resolution.
Even Hollywood executives, TV personalities, and writers shared in the celebration, congratulating the SAG-AFTRA negotiating committee, expressing their excitement to read the deal points, and acknowledging the importance of protecting the future of the industry.
Albert Brooks, Dani Fernandez, and Robert Mills were notably ecstatic about the end of the strike and expressed their enthusiasm for their upcoming projects now that the strike has concluded.
The overwhelming sentiment within the Hollywood community reflected relief, excitement, and appreciation for the hard-fought victory. The tentative agreement between SAG-AFTRA and studios and streamers marked a historic development that will have a far-reaching impact on the entertainment industry. With the strike finally coming to an end, the stage is set for a renewed spirit of collaboration and productivity within one of the world’s most influential entertainment hubs.
