Actor's Strike May be Soon

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On Monday, the majors made their last, best and final offer to SAG. Looking much like the deals it signed with the DGA, WGA and AFTRA, the AMPTP’s proposal includes increases valued at more than $250 million over the three-year term of the deal.

Still, SAG complained that the proposal is deeply flawed and set up a meeting Wednesday with the AMPTP to go over details of the offer.

Monday was the 42nd day of negotiations following five weeks of highly unproductive talks.

The AMPTP said it won't lock out SAG while it considers the offer.

"As SAG's leadership considers our final offer, we will continue for now to work under the terms of the old contract as current productions wind down," the AMPTP said.

"This offer does not appear to address some key issues important to actors," said SAG national exec director Doug Allen. "For example, the impact of foregoing residuals for all made-for-new-media productions is incalculable and would mean the beginning of the end of residuals."

Monday's announcement means the end of the negotiations although both sides could still return to the bargaining table to close out the final deal points.

SAG is likely to wait for next week’s AFTRA voting results before officially responding to the AMPTP's offer.

Although the AFTRA deal is expected to be ratified, a defeat would most likely see SAG turn down the AMPTP offer and take a strike authorization vote.

On the issue of talks extensions, the AMPTP said, "We hope that SAG's Hollywood leadership will not make the tragic mistake of misleading their members by suggesting that additional stalling will lead to a better offer at a later time. We have compromised again and again this year to reach four major labor agreements…and we have now reached the end of this process."

Monday's announcement represented a small measure of progress in that the majors gave SAG the same terms as they did AFTRA. Still, the studios are running out of patience.

"Our industry is now in a de facto strike, with film production virtually shut down and television production now seriously threatened," the AMPTP said. "In an effort to put everyone back to work, the AMPTP today presented SAG our final offer - a comprehensive proposal worth more than $250 million in additional compensation to SAG members, with significant economic gains and groundbreaking new-media rights for all performers."

The AMPTP also said that if SAG doesn't make a deal, its members will lose $2.5 million each day in wages while other guilds and unions will lose $13.5 million each day with the California economy will be harmed at the rate of $23 million a day.

SAG has advised its members that they should keep working after the expiration which came this morning at 12:01.

Meanwhile, the New York Times writes that executives at the television networks seem eerily calm about the prospect of a strike.

As a senior broadcast network executive told the NYT, “It’s a much different feel this time.â€￾ An executive from another network, borrowing a term used by the military, said, “Things are not at the same def-con level.â€￾

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