The entertainment industry faced seismic disruptions this year due to historical strikes from the Writers and Actors Guild, bringing some of the world’s biggest productions to a standstill. Despite the Writers Strike concluding earlier with a mutually beneficial deal, the Actors Guild persisted in its demands, prolonging the strike until yesterday.
After an unprecedented 118-day strike—the longest in Hollywood’s history—the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) has finally reached an agreement with the Alliance of Motion Picture and Television Producers (AMPTP). While the specific terms remain undisclosed, the resolution addresses prolonged concerns over the use of artificial intelligence in actors’ performances and their insistence on residual payments for streaming shows and films.
The approval of the deal by the SAG committee marks the end of the strike, characterized by pickets outside major industry players’ offices. The agreement is set to undergo approval from the union’s national board on Friday.
Even the Marvel Cinematic Universe (MCU), the largest cinematic universe to date, felt the impact of the strike. Marvel Studios, heavily reliant on precise release schedules for narrative coherence, saw delays affecting one of its most anticipated movies, ‘Deadpool 3,’ which was only 50% complete when the strike commenced. The delays prompted a reshuffling of release dates, with ‘Captain America: Brave New World’ now slated for a July 2024 release. However, according to Deadline, ‘Deadpool 3’ is set to resume production at the earliest.
Sony’s ‘Venom 3’ is also gearing up for production resumption, albeit with more substantial delays pushing its release to late November 2024. Despite these setbacks, the industry is optimistic about recovery, with MCU and Marvel’s broader universe expected to bounce back swiftly. Further updates on other affected projects are awaited.
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