Actors union reaches tentative deal with Hollywood and TV studios

New York (CNN) — Hollywood actors have reached a tentative agreement with the major film and television studios to end a strike, the actors union announced Wednesday.

The strike had shut down production across the industry for nearly four months and raised existential questions over the future of the entertainment business.

LISTEN: The Hollywood strike and the impact on Utah

 

“In a unanimous vote this afternoon, the SAG-AFTRA TV/Theatrical Committee approved a tentative agreement with the AMPTP bringing an end to the 118 day strike,” the actors union said in a Wednesday night announcement.

The strike will officially end at midnight, the union said.

Terms of the deal, which still must be ratified by the union’s members, were not immediately disclosed. But the agreement sets the stage for the roughly 160,000 actors represented by SAG-AFTRA to return to work after they walked off the set on July 14, joining the writers’ guild in a historic double strike against the studios – the first time the writers and actors had simultaneously been on strike in more than 60 years.

While the writers’ strike was resolved in September, production has remained shuttered as the actors continued to strike and negotiate their contract. At the center of both standoffs is the rise of artificial intelligence, which threatens to upend the entire entertainment business, and became one of the final and most elusive issues the actors and studios sought agreement on.

This is a developing story. It will be updated.

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