Hollywood Strike: Actors & Writers Unions Resume Talks With Studios, Call off Strikes, Netflix To Raise Prices & More Developments

The famous Hollywood strike is finally coming to an end. After 148 days, the Writers Guild of America unanimously voted to lift the strike, allowing writers to return to work again.

The famous Hollywood strike is finally coming to an end. After 148 days, the Writers Guild of America unanimously voted to lift the strike, allowing writers to return to work again.

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New Delhi: The famous Hollywood strike is finally coming to an end. After 148 days, the Writers Guild of America unanimously voted to lift the strike, allowing writers to return to work again. Striking Hollywood actors also resumed contract talks with major production studios, TV networks and streaming services on Monday. Looks like the two sides have finally found a common ground after talks began in mid-July this year.

Renewed talks between the SAG-AFTRA actors union and the Alliance of Motion Picture and Television Producers (AMPTP) came eight days after the producers clinched a separate contract deal with Hollywood writers, who launched their own strike on May 2, about 10 weeks before the actors.

Meanwhile, the writers' union struck a tentative deal with AMPTP last week after five months of failed negotiation, Reuters report added. Writers from Hollywood have been striking over pay issues and the use of AI in the industry.

As a result of the strike, several projects like 'Stranger Things', 'The Last of Us', 'Star Trek', 'Batman Sequel' were paused or postponed.  

However, now with the end of the Writers Guild of America strike, as per a report by Variety.com, several studios and writers will resume working on many delayed projects.

The Writers Guild of America( WGA) ended its strike last week and began voting on a contract with major Hollywood studios including Nteflix,

Amid strike and negotiation deals on the table, a Reuters report suggested that Netflis is discussing raising prices  of the service after the Hollywood actors' strike comes to a complete end.

While the first round of negotiations happened on Monday, the second round between SAG-AFTRA  and the AMPTP will resume on Wednesday, a joint statement of the two sides said.

The tentative accord reached Sept. 24 between the producers and the 11,500-member Writers Guild of America not only paved the way for ending their labor dispute three days later, it could serve as a template for settling the actors strike which has also begun to wane down.

SAG-AFTRA, Hollywood's largest union, representing some 1,60,000 TV and film performers, stopped working on July 14 demanding higher wages and residual pay from streaming TV as well as restrictions on the use of AU in the entertainment industry.

The same were the issues of the writers strike.

The resumption of contractual talks between actors and studios comes at a time when network TV;s late-night hosts- Jimmy Fallon, Stephen Colbert, Seth Meyers and Jimmy Kimmel brought back their religiously followed shows on TV on Monday.