Entertainment - Media News Watch originally published at Entertainment - Media News Watch

This will be especially helpful since it is the July 4th weekend, a holiday that typically sees the industry on a short hiatus. The July 4th holiday is a time when the industry takes a short break. This will be particularly helpful. Neither organization will comment to the media about the negotiations during the extension.”

As previously reported, a SAG-AFTRA strike would be incredibly damaging to the film and television industry, with countless projects facing delays and axings, not to mention more than 160,000 union members being out of jobs. Fran Drescher, the current president of SAG-AFTRA, has expressed her hope that the union will win the negotiations. SAG-AFTRA’s 98% support a strike if studios do not meet certain demands. The studios are posting huge profits and a bullish outlook, as demonstrated by lavish corporate executive compensation. This is in stark contrast to the diminishing compensation paid to our members. In sharp contrast to the diminishing compensation paid to our members, the studios are posting immense profits with a bullish outlook as demonstrated by lavish corporate executive compensation.”

Like the WGA, SAG-AFTRA has also expressed concerns over the use of artificial intelligence within the industry, calling it

“a real and immediate threat.” Other issues include residuals that come from streaming services, the fight against forced self-taping of auditions and more. SAG-AFTRA officially came into existence in 2012 after the merger of two organizations. This united actors, radio personalities and stunt people. Comment below with your predictions.

Entertainment - Media News Watch originally published at Entertainment - Media News Watch