Upcoming negotiations between the Screen Actors Guild-American Federation of Television and Radio Artists and media companies are scaring some financers in the film industry.
Amazon/MGM, Apple, NBCUniversal, Disney/ABC/Fox, Netflix, Paramount/CBS, Sony, and Warner Bros. Discovery are set to negotiate with SAG-AFTRA beginning June 7. The union's chief negotiator, Duncan Crabtree-Ireland, encouraged members last week to vote to strike as a negotiation tool should they fail to reach a conclusion. Ballots were mailed out on May 18 after the negotiating committee and national board voted unanimously to put the matter to a vote by its members.
There are 160,000 SAG-AFTRA members, which, when added to some 11,500 writers currently on strike, could bring the entire industry to a halt. Members will have until June 5 to vote and were mailed ballots on Thursday. The Writers Guild of America saw a near-unanimous vote, with 97.85% voting to strike ahead of negotiations.
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