AMPTP Responds To SAG-AFTRA Strike: “Union Has Regrettably Chosen A Path That Will Lead To Financial Hardship For Countless Thousands”

deadline.com:

The group represents Hollywood’s studios has responded to SAG-AFTRA’s strike call today. The Alliance of Motion Picture and Television Producers said in a statement: “A strike is certainly not the outcome we hoped for as studios cannot operate without the performers that bring our TV shows and films to life.

The Union has regrettably chosen a path that will lead to financial hardship for countless thousands of people who depend on the industry.” The statement was issued as SAG-AFTRA leaders including President Fran Drescher and National Executive Director Duncan Crabtree-Ireland were holding a news conference to announce the strike officially, about 12 hours after talks broke down between the two sides. RELATED: Hollywood Studios’ WGA Strike Endgame Is To Let Writers Go Broke Before Resuming Talks In Fall Here is the AMPTP’s full statement: AMPTP member companies entered the negotiations with SAG-AFTRA with the goal of forging a new, mutually beneficial contract.

The AMPTP presented a deal that offered historic pay and residual increases, substantially higher caps on pension and health contributions, audition protections, shortened series option periods, and a groundbreaking AI proposal that protects actors’ digital likenesses for SAG-AFTRA members.

A strike is certainly not the outcome we hoped for as studios cannot operate without the performers that bring our TV shows and films to life.