Actors' Union Strike Reaches 100-Day Milestone Amid Stalled Negotiations with Major Hollywood Studios

Hollywood heavyweights pledge millions to ease strike’s impact, negotiations to resume October 24, but no end in sight as industry faces $5 billion economic loss.

• The actors' union strike, represented by SAG-AFTRA, has reached its 100th day, with stalemate continuing as negotiations with major Hollywood studios remain suspended.
• Important issues being negotiated include revenue sharing and policies around use of artificial intelligence (AI), with concerns about how actors' images will be used and compensated in the era of AI.
• Even though negotiations are set to resume on October 24th, there's no clear end to the strike in sight, with the industry potentially facing a $5 billion economic loss.
• Several A-list Hollywood actors pledged to commit $150 million over three years to help ease the strike’s impact and to bring more funding to the union, a move that could help more struggling actors qualify for benefits.
• The ongoing strike has already caused significant disruption to production schedules, with multiple film and TV projects stalled or delayed, and jobs lost, contributing to a $5 billion loss to California's economy.

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