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Workers walking in a SAG-AFTRA picket line outside Sony Pictures Studios on October 11 in Culver City, California.
CNN –
The Alliance of Motion Picture and Television Producers announced late Wednesday that negotiations with SAG-AFTRA — the union that represents about 160,000 actors — had been suspended.
“After meaningful discussions, it is clear that the gap between AMPTP and SAG-AFTRA is too great and the discussions are no longer moving us in a productive direction,” the AMPTP said in a statement.
The suspension came after the actors’ union submitted its latest proposal to the AMPTP, the statement said.
CNN has reached out to SAG-AFTRA for comment.
AMPTP said the union’s latest offer “included a viewership bonus that alone would cost more than $800 million per year – creating an unsustainable economic burden.” SAG-AFTRA has few, if any, measures among the numerous remaining open items submitted.”
In this round of negotiations, AMPTP said it presented the union with a list of offers that included a “first-of-its-kind performance-based balance for high-budget SVOD productions” and several AI protections.
SVOD refers to subscription video on demand, which are streaming services These include Neflix and Amazon Prime Video.
SAG-AFTRA has been on strike since July 14, joining the fight just over two months after the writers’ strike began.
The writers’ strike ended in late September and members of the Writers Guild of America ratified a new contract with Hollywood and television studios on October 9.