Hollywood producers and union leaders hold talks to stave off strike By Reuters
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LOS ANGELES (Reuters] – On Tuesday, Hollywood producers met with workers at the sets of film and television. This was a day following a unanimous union vote to authorize a strike.
The International Alliance of Theatrical Stage Employees stated that they had reached an agreement with the Alliance of Motion Picture and Television Producers. This was the first such meeting in two weeks.
They did not give any additional details.
IATSE members, including camera operators and sound technicians, voted 98% for authorizing strike action if no new agreement is reached with producers.
This strike would result in the United States experiencing the largest stoppage of production since the strike that occurred between 2007 and 2008.
IATSE is aiming to cut long hours and improve the compensation of those who work for shows on streaming platforms such as Netflix (NASDAQ;), Disney+, and AppleTV+. The lower rates than were available 10 years ago, when streaming was still in its early stages.
Monday’s statement by the AMPTP stated that it is “committed” to reaching an industry agreement. However, it said both sides must show “a willingness for compromise and to look at new options.”
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