• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

2

Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium

3

'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America

1

The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

2

Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium

3

'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America
Arts & EntertainmentHollywood

Hollywood strike averted after studios reach deal with production crew union

By
Andrew Dalton
Andrew Dalton
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Andrew Dalton
Andrew Dalton
and
The Associated Press
The Associated Press
Down Arrow Button Icon
October 16, 2021, 11:23 PM ET
Add Fortune on Google for similar content.

An 11th-hour deal was reached Saturday, averting a strike of film and television crews that would have seen some 60,000 behind-the-scenes workers walk off their jobs and would have frozen productions in Hollywood and across the U.S.

After days of marathon negotiations, representatives from the International Alliance of Theatrical Stage Employees and from the studios and entertainment companies who employ them reached the three-year contract agreement before a Monday strike deadline, avoiding a serious setback for an industry that had just gotten back to work after long pandemic shutdowns.

“This is a Hollywood ending,” union president Matthew Loeb said. “Our members stood firm.”

The workers still must vote to approve it, but the strike has been called off with the tentative deal.

Many in Hollywood celebrated the news.

“Good for @IATSE for standing your ground. And don’t forget we got your back anytime you need us,” comedian, actor and writer Patton Oswalt said on Twitter.

Another actor, comic and writer, Yvette Nicole Brown, tweeted ”#UnionStrong!” along with a link to a story reporting the agreement.

“Congratulations IATSE brothers and sisters!” Jennifer Garner said on Instagram.

The effects of the strike would have been immediate, with crews not only on long-term productions but daily series including network talk shows walking off their jobs. Shows with short turnarounds like soap operas would also have felt immediate effects.

The union represents cinematographers, camera operators, set designers, carpenters, hair and makeup artists and many others.

Union members said previous contracts allowed their employers to force them to work excessive hours and deny them reasonable rest via meal breaks and sufficient time off between shifts. Leaders said the lowest paid crafts were receiving unlivable wages and streaming outlets including Netflix, Apple and Amazon were allowed to work them even harder for less money.

IATSE’S statement Saturday said the agreement “addresses core issues, including reasonable rest periods; meal breaks; a living wage for those on the bottom of the pay scale; and significant increases in compensation to be paid by new-media companies.”

The union reported on Oct. 4 that its members had voted overwhelmingly to authorize a strike, setting off industry-wide fears, but talks immediately resumed between IATSE and the Alliance of Motion Picture and Television Producers, which represents the studios and other entertainment companies in negotiations.

“We went toe to toe with some of the richest and most powerful entertainment and tech companies in the world, and we have now reached an agreement with the AMPTP that meets our members’ needs,” Loeb said.

AMPTP spokesman Jarryd Gonzales confirmed the agreement had been reached.

A Monday strike deadline was set on Wednesday when talks stagnated, but the union said subsequent negotiations were productive.

It would have been the first nationwide strike in the 128-year history of IATSE, and would have affected not just the Los Angeles area and New York but growing production hubs like Georgia, New Mexico and Colorado.

During negotiations, many prominent names in entertainment spoke out in favor of the union’s demands, including Octavia Spencer, Mindy Kaling and Jane Fonda. The Directors Guild of America issued a statement of solidarity too, signed by the likes of Steven Spielberg, Christopher Nolan, Barry Jenkins, Ron Howard and Ava DuVernay.

More must-read business news and analysis from Fortune:

  • Where Zillow says home prices are headed in 2022
  • How to get your student debt wiped out by Public Service Loan Forgiveness
  • Crypto, options, margin, REITs: How to tackle the market’s most complex areas
  • Value stocks are unloved, unsexy, and poised to make a killing over the next decade
  • Explaining the sharp jump in gas prices—and why you should get used to shelling out an extra $600 per year

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning.

About the Authors
By Andrew Dalton
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Arts & Entertainment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Arts & Entertainment

Photo of Phoebe Gates
Startups & VentureEntrepreneurs
‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’
By Sydney LakeJuly 11, 2026
1 day ago
A 12-person PR firm represents De Niro, Pacino, and billion-dollar clients. Its founder says the secret is staying small
SuccessPublic relations
A 12-person PR firm represents De Niro, Pacino, and billion-dollar clients. Its founder says the secret is staying small
By Sydney LakeJuly 11, 2026
1 day ago
A $5 hair tie, a sold-out dress, cake and a fast-food order: How fans chase closeness to Erling Haaland, Taylor Swift and other celebrities
Arts & EntertainmentWorld Cup
A $5 hair tie, a sold-out dress, cake and a fast-food order: How fans chase closeness to Erling Haaland, Taylor Swift and other celebrities
By Mia OsmonbekovJuly 11, 2026
2 days ago
Taylor Swift paid New York City more than $160,000 to cover the costs tied to her wedding, Mayor Zohran Mamdani confirmed
Arts & EntertainmentTaylor Swift
Taylor Swift paid New York City more than $160,000 to cover the costs tied to her wedding, Mayor Zohran Mamdani confirmed
By The Associated Press, Catherina Gioino, Andrew Dalton and Kimberlee KruesiJuly 10, 2026
2 days ago
Erling Haaland #9 of Norway
Successathletes
When Erling Haaland isn’t playing for Norway in the World Cup, he’s investing in a chess championship and playing an animated Viking
By Emma BurleighJuly 10, 2026
2 days ago
Harry Styles waves
SuccessGen Z
Harry Styles fans flew to Amsterdam, paid a 21% premium for hotels, and sent inflation soaring. One Gen Zer paid $1,000 for a tiny ‘box’ hotel room
By Preston ForeJuly 10, 2026
3 days ago

Most Popular

The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
Middle East
The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
By Jason MaJuly 11, 2026
22 hours ago
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
Environment
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
By Sasha RogelbergJuly 10, 2026
2 days ago
'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America
Banking
'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America
By Nick LichtenbergJuly 11, 2026
1 day ago
A Trump Account could make your kid a millionaire by 45—but financial experts say the app's projections come with a catch
Personal Finance
A Trump Account could make your kid a millionaire by 45—but financial experts say the app's projections come with a catch
By Sydney LakeJuly 12, 2026
11 hours ago
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
Innovation
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
By Sasha RogelbergJuly 12, 2026
10 hours ago
Global oil demand is falling, and crude prices are down. But here's why gasoline, diesel and other refined products are still costly
Energy
Global oil demand is falling, and crude prices are down. But here's why gasoline, diesel and other refined products are still costly
By Cathy Bussewitz and The Associated PressJuly 11, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.