Actors, studios reach tentative agreement to end strike – reports (NYSE:DIS)
The actors and studios reached a tentative agreement to end a strike that lasted almost four months.
The actors strike, which has lasted 118 days, is expected to end at midnight on Wednesday, and the Screen Actors Guild-American Federation of Television and Radio Artists board will meet on Friday to review the final deal, according to a CNBC report.
Talks between SAG-AFTRA and the Alliance of Motion Picture and Television Producers restarted in recent days after ending last month.
The end of the actors strike comes after the writers and studios reached an agreement in late September to end a strike between the two sides.
AMPTP represents major studios including Amazon (AMZN), Apple (AAPL), Disney (NYSE:DIS), NBCUniversal (CMCSA), Netflix (NASDAQ:NFLX), Paramount (NASDAQ:PARA), Sony (SONY), and Warner Bros. Discovery (NASDAQ:WBD).
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