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Members of SAG-AFTRA ratified the 2023 TV/Theatrical Agreement on Tuesday with the Alliance of Motion Picture and Television Producers. Members approved the new, multiyear contracts covering television, theatrical and streaming production by a vote of 78%. The contract includes more than $1 billion in new compensation and benefit plan funding, outsized gains to the traditional residuals formulas, a new compensation model for performers working in streaming, a substantial bonus on top of existing streaming residuals structures, compensation escalation for principal and background actors, detailed informed consent and compensation guardrails for the use of artificial intelligence (AI), hair and makeup equity, meaningful protections for the casting process, sexual harassment prevention protections, and more.
“I’m proud of our SAG-AFTRA membership,” SAG-AFTRA President Fran Drescher said. “They struck for 118 days to grant the TV/Theatrical Negotiating Committee the necessary leverage to secure over $1 billion in gains, along with the union’s first-ever protections around AI technology. Now they’ve locked in the gains by ratifying the contract. SAG-AFTRA members have remained incredibly engaged throughout this process, and I know they’ll continue their advocacy throughout our next negotiation cycle. This is a golden age for SAG-AFTRA, and our union has never been more powerful.”