Negotiations seeking to end the actors’ strike are scheduled to resume Thursday after the union’s TV/Theatrical Negotiating Committee spent Wednesday reviewing the latest counter-offer from the studios, according to a union statement.
Negotiators from the Screen Actors Guild-American Federation of Television and Radio Artists and Alliance of Motion Picture and Television Producers had been scheduled to meet for a second consecutive day Wednesday.
“We will be meeting across the table with the CEOs tomorrow,” the union said in a statement issued at 7:41 p.m. Wednesday.
The first bargaining session between the two sides since Oct. 11 was held Tuesday with Disney’s Bob Iger, NBCUniversal’s Donna Langley, Warner Bros Discovery’s David Zaslav and Netflix co-CEO Ted Sarandos participating, according to the entertainment news site Deadline.
The AMPTP, which represents the studios, put some new proposals on the table Tuesday, including a new take on what has been termed “success-based compensation,” according Deadline.
The proposal “flopped,” an individual close to the deliberations told Deadline.
The AMPTP broke off talks on Oct. 11 following five negotiating sessions spread over two weeks.
A key issue in the snag was a SAG-AFTRA proposal for a 75 cents per subscriber annual charge as part of a revenue sharing plan with the studios, which Sarandos called a “levy on subscribers” and a “bridge too far.”
The actors’ union demands include general wage increases, protections against the use of actor images through artificial intelligence, boosts in compensation for successful streaming programs and improvements in health and retirement benefits.