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Netflix boss Ted Sarandos, who was within the room throughout negotiations, has supplied his tackle why actors’ strike talks have stalled.
Hopes have light that SAG-AFTRA (the actors’ union) and the AMPTP (the alliance of studios) would come to a swift decision and finish the months-long Hollywood strikes. As we reported yesterday, each side have walked away from the negotiating desk with no speedy plans to return. We think about that’s merely to let cooler heads prevail quite than the start of a months-long interval of zero communication (as we noticed with the current writers’ strike). Hopefully, representatives for each side will likely be again in the identical room fairly quickly.
One individual in that room who was seeking to get a deal finished was Netflix CEO Ted Sarandos. The streaming platform’s head honcho was one in every of a number of main studio bosses instantly concerned in negotiations, which tells you ways critical the AMPTP are about desirous to discover a method forwards. However, Sarandos has been talking about SAG-AFTRA’s calls for, stating that the actors’ guild is just asking for an excessive amount of in relation to a rise in residual funds (that being one of many two remaining sticking factors, together with restrictions on the usage of AI).
According to The Hollywood Reporter, Sarandos was talking at a Bloomberg convention on Thursday throughout which he stated that the AMPTP had supplied the actors’ guild a “success-based bonus” alongside the strains of the deal the writers’ guild just lately agreed, which he claims price the studios “4 or 5 occasions extra” than they’re at present paying.
Sarandos states that SAG-AFTRA are as a substitute demanding a levy on each single streaming subscriber, one thing the AMPTP have referred to as “an untenable financial burden” that might price greater than $800 million per yr. For its half, SAG-AFTRA have additionally launched an announcement, accusing the AMPTP of utilizing “bully ways” and claiming that the alliance of studios are overstating the figures by some 60 p.c. The reality after all in all probability lies someplace within the center, but when Sarandos is publicly throwing out grossly inaccurate figures, that can solely inflame tensions between each events.
Wherever the reality lies, issues have positively taken an acrimonious flip, and the possibilities of a swift decision appear more and more distant. Let’s hope for everyone whose pockets are at present lighter due to the strike that talks get again on monitor quickly. With the actors’ guild realizing studio pipelines want to start out firing up quickly, although, it seems to be just like the hardball negotiating ways are set to proceed.
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