Last updated: Saturday, April 18, 2009

SCREEN ACTORS GUILD BOSSES AND MOVIE EXECUTIVES STRIKE A DEAL

The Screen Actors Guild and Hollywood's top studio executives have reached a deal on a tentative new TV and theatrical agreement package, which will end nine months of tense negotiations.

The Alliance of Motion Picture and Television Producers and SAG bosses announced the parties have shaken hands on successor agreements to the Producer-Screen Actors Guild Codified Basic Agreement.

Details of the agreement covering television programming and movies will not be disclosed prior to review by the SAG national board of directors on Sunday (19Apr09).

If the deal is agreed it will end strike threats - the first Hollywood industrial action since the writers strike in 2007 and 2008.

Screen Actors Guild officials rejected what was called the "last, best and final offer" from Hollywood's biggest film studios for a new contract in February (09).

The union, which represents approximately 120,000 actors, voted by nearly 75 per cent to turn down the offer over the studios' demand that the contract begin from when it is signed.

The national governing board of the Screen Actors Guild wants the deal to start from when the last one expired in June last year (08).

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Source: WENN

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