The Screen Actors Guild-American Federation of Television and Radio Artists strike recently came to an end after 118 days, with actors celebrating the prospect of returning to work. The union came to a historic deal with the Alliance of Motion Picture and Television Producers, with the largest increase in minimum wage in 40 years, according to The Washington Post. However, because the deal is so new, it remains to be seen if it will be honored and if actual change will occur in the industry.
How the WGA resolution will weather the streaming economy
In a critical new development, the Writer’s Guild Association reached a tentative agreement with the Alliance of Motion Picture and Television Producers, putting an end to the 148-day strike. While this is good news, the fight is far from over. The Screen Actors Guild’s labor union is still on strike, and writers have yet to see whether or not AMPTP will honor this new agreement.