SAG-AFTRA members have just approved a four-year deal with the AMPTP, a union-brokered agreement that will bring stability to the entertainment industry until June 2030.
New Deal Brings Predictable Income to SAG-AFTRA Members
The agreement, which was approved by the SAG-AFTRA National Board a month ago, has now been ratified by the union’s members. This means that SAG-AFTRA will continue to receive residual payments from streaming services and film/TV productions for a longer period than before. The previous deal expired in 2022, leaving many actors and actresses with uncertain income.
Under the new agreement, SAG-AFTRA members will receive fair compensation for their work, with increased residual payments for streaming and digital media. The deal also addresses issues related to artificial intelligence (AI) and its impact on the entertainment industry.
AI Provisions to Watch
One of the key aspects of the agreement is its provisions regarding AI-generated content. As AI-generated actors and actresses become more prevalent in the industry, studios and producers will need to pay SAG-AFTRA members for their work in these projects. This is a significant development, as AI-generated content is expected to become more common in the entertainment industry in the coming years.
What this means: SAG-AFTRA members can breathe a sigh of relief knowing that their work will be compensated fairly, even as AI-generated content becomes more prevalent. The agreement provides a framework for paying actors and actresses for their work in AI-generated projects, which will help to ensure that human performers are valued and compensated for their talents.
Deal Runs Through 2030
The agreement, which runs through June 2030, will provide stability and predictability to the entertainment industry for the next four years. This deal is a significant achievement for SAG-AFTRA, which has been advocating for fair compensation and better working conditions for its members.
With this new deal in place, SAG-AFTRA members can focus on their work, knowing that they have a fair and stable contract that will protect their interests for the next four years.
