Screen Actors Guild votes to end Hollywood strike

Members of the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) finally completed voting on the agreement negotiated last month with the Alliance of Motion Picture and Television Studios (AMPTP), with a majority vote of 78.33% in favor and 21.67% against.

The new agreement is valid until June 30, 2026. This marks the end of the first simultaneous strike by actors and writers in Hollywood in 63 years, which began this summer.

SAG-AFTRA said: "The agreement includes more than $1 billion in new compensation and benefit plan funding, as well as huge gains from the traditional residual formula. It provides a new compensation model for actors working in streaming, provides substantial bonuses on top of the existing residual structure, and provides salary upgrades for main and background actors. In addition, the agreement also establishes detailed consent agreements and compensation guardrails for the use of artificial intelligence, fairness in hair and makeup, protections for the casting process, sexual harassment prevention protections, etc."