Contract negotiations between the Screen Actors Guild and the Alliance of Motion Picture and Television Producers have reportedly made no progress nearly two weeks after commencing.
In a lengthy statement, the AMPTP revealed that, “Although both parties have spent considerable time in the negotiating room, we are not yet close to an agreement.” The Hollywood moguls’ organisation then went on to blame the SAG’s rejection of a deal framework set forward by the AMPTP, as well as the “unprecedented, double-digit increases in DVD residuals and conditions being sought by SAG.” After the two days left of exclusive negotiation with the actors’ guild, the producers will then begin talks with AFTRA, the second union in the contract renewal phase.
Countering the AMPTP statement, the SAG shortly released their own, which states that the information relayed in the former’s statement is facetious and they “expect the AMPTP to negotiate in good faith and we will do the same.”
A breakdown of talks between the AMPTP and the Writers’ Guild of America paralysed the American television industry earlier this year and reportedly cost hundreds of millions of dollars in revenue. Critics, analysts and industry professionals are concerned that a potential strike by the SAG would have a significantly deeper impact due to the effect that it would also have on film production. Despite a media blackout during the talks, we will continue to bring you updates on this story as it progresses.