Posted 10/12/2023, 1:36:39 PM
Hollywood Studios End Contract Talks with Actors' Union, Prolonging Production Shutdown
- Negotiations between Hollywood studios and actors' union SAG-AFTRA suspended on Wednesday
- Actors have been on strike since July over issues like compensation and AI use
- Studios ended talks, saying SAG-AFTRA's proposal would cost $800M more per year
- SAG-AFTRA said studios overestimated costs by 60% and were "profoundly disappointed"
- Breakdown means production of scripted shows remains suspended this fall
