Netflix deal with Hollywood union promises better conditions for actors

Netflix deal with Hollywood union promises better conditions for actors 1

The agreement also improves residual earnings from movie theaters, sets new overtime rules for stunt performers, offers more exclusivity and options rights and creates protections against harassment and for auditions. SAG-AFTRA added that minimum salary and turnaround conditions now apply to all Netflix shows, whether or not they reach the “high-budget” streaming threshold. An actor won’t need to be part of a large production just to get pay guarantees.

The contract expires June 30th, 2022.

While SAG-AFTRA clearly sees its actors as the main beneficiaries of the deal, Netflix has plenty of reasons to hop aboard. If the internet giant is going to attract top talent, it needs to reassure performers that they’ll be treated well — even if they’re not visible in a given scene. Increases in pay and labor costs could easily pay for themselves if they lead to greater star power and more awards.

Netflix deal with Hollywood union promises better conditions for actors 2
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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin41,972 0.25 % 1.26 % 10.95 %
Ethereum2,858.0 0.30 % 4.20 % 16.56 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Cardano2.030 0.51 % 1.67 % 15.20 %
Binance Coin352.01 0.24 % 2.31 % 15.03 %
XRP0.9136 0.68 % 2.14 % 16.66 %
Solana128.20 0.55 % 5.01 % 18.54 %
USD Coin1.000 0.14 % 0.05 % 0.14 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Dogecoin0.2049 0.80 % 1.04 % 15.01 %

bitcoin
Bitcoin (BTC) $ 42,005.00
ethereum
Ethereum (ETH) $ 2,853.39
tether
Tether (USDT) $ 0.999177
cardano
Cardano (ADA) $ 2.03
binance-coin
Binance Coin (BNB) $ 351.13
xrp
XRP (XRP) $ 0.910816
solana
Solana (SOL) $ 127.55
usd-coin
USD Coin (USDC) $ 1.00
polkadot
Polkadot (DOT) $ 27.10
dogecoin
Dogecoin (DOGE) $ 0.203253