SAG-AFTRA considers “Last, Best, and Final Offer” from US studios

SAG-AFTRA considers “Last, Best, and Final Offer” from US studios

Actor unions SAG-AFTRA are now considering the latest offer from the AMPTP after representatives from Netflix, Disney, NBCUniversal, Paramount, Amazon, Sony, Warner Bros Discovery spoke by Zoom with union negotiators.

“We received an offer today from the AMPTP, which they characterized as their ‘Last, Best, and Final Offer,’” the SAG-AFTRA TV / Theatrical Negotiating Commitee told its members.

“We are reviewing it and considering our response within the context of the critical issues addressed in our proposals,” they added.

“As always, unless it comes from your union, please do not believe any outside sources or rumors.”

The package from the studios is said to include, but is not limited to, the highest wage increase in 40 years, and a 100% increase in performance compensation bonuses for high-budget streaming series and movies. As well, so-called “full” AI protections are in there.

The last measure “goes a long way to what SAG wanted,” a source told Deadline.

“We didn’t just come toward you, we came all the way to you,” Netflix’s co-CEO Ted Sarandos is said to have told SAG-AFTRA leaders today of the studios’ latest offer.

The strike is now at 114 days.