Hollywood writers' strike might end soon amid renewed negotiations
The Hollywood writers' strike, which first started in May and is ongoing, may come to an end as the production studios are set to resume negotiations next week.
As reported by Deadline, the Alliance of Motion Picture and Television Producers, which represents the industry’s studios, streaming services and production companies in union negotiations, said in a statement that they had reached out to the Writers Guild of America the previous day and the two sides agreed to resume negotiations next week.
“Every member company of the AMPTP is committed and eager to reach a fair deal, and to working together with the WGA to end the strike”, the statement said.
Caliber.Az recalls, that the WGA strike is joined by the Screen Actors Guild and American Federation of Television and Radio Artists (SAG-AFTRA) which is an American labor union representing approximately 160,000 media professionals worldwide. Their main demands put forward to the big studios include writers’ demands for stricter protections against artificial intelligence and larger royalties for their work, known in the industry as residuals. The writers are also rallying for raised base compensation and improved working conditions.