Studios Say SAG-AFTRA Talks Suspended: Gap Between Parties Is “Too Great” https://t.co/j0Tk5KdRVB
— The Hollywood Reporter (@THR) October 12, 2023
Actors will remain on strike, for the time being. Negotiations between SAG-AFTRA and the AMPTP have been suspended after over a week. The AMPTP said in a statement late on October 11 that following the guild’s most recent proposal, the sides are too far apart.
“After meaningful conversations, it is clear that the gap between the AMPTP and SAG-AFTRA is too great, and conversations are no longer moving us in a productive direction,” the AMPTP said in a statement. “SAG-AFTRA’s current offer included what it characterized as a viewership bonus that, by itself, would cost more than $800 million per year – which would create an untenable economic burden. SAG-AFTRA presented few, if any, moves on the numerous remaining open items.”
“We hope that SAG-AFTRA will reconsider and return to productive negotiations soon,” the studios’ statement concludes.
You can read their full statement here.
SAG-AFTRA did not immediately respond to a request for comment.