Hollywood actors win streaming bonuses under new contract

Streaming services will pay bonuses of roughly $40 million per year as part of the tentative labor agreement reached between the SAG-AFTRA actors union and major Hollywood studios, union leaders said on Friday after their board backed the deal.
The proposed three-year contract, which the union said was valued at more than $1 billion over three years, was endorsed by 86% of SAG-AFTRA’s national board.
Union members now must vote on whether to ratify the agreement with Netflix, Walt Disney, Warner Bros Discovery and other members of the Alliance of Motion Picture and Television Producers (AMPTP).
Voting is expected to end in early December, chief negotiator Duncan Crabtree-Ireland said.