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

Deadline for Hollywood actors union to reach a deal with studios just passed—but there’s no word on whether they’ll strike

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
July 13, 2023, 5:01 AM ET
Actors and comedians Tina Fey, center, and Fred Armisen, right, join striking members of the Writers Guild of America on the picket line during a rally outside Silvercup Studios, on May 9, 2023, in New York.
Actors and comedians Tina Fey, center, and Fred Armisen, right, join striking members of the Writers Guild of America on the picket line during a rally outside Silvercup Studios, on May 9, 2023, in New York. Bebeto Matthews—AP

A deadline for Hollywood actors to reach a deal with studios and streaming services passed Thursday without word on whether a strike will be called.

Recommended Video

The Screen Actors Guild -American Federation of Television and Radio Artists had set a deadline for 11:59 p.m. Wednesday — mere hours after this year’s Emmy nominations were announced — for a deal to be reached. Just after midnight Thursday, no update had been announced.

If the actors strike, they will formally join screenwriters on the picket lines outside studios and filming locations in a bid to get better terms from studios and streaming giants like Netflix and Amazon. It would be the first time since 1960 that the two guilds are on strike at the same time.

Members of the Writers Guild of America have been on strike since early May, slowing production on film and television series on both coasts and in productions centers like Atlanta.

Issues in negotiations include the unregulated use of artificial intelligence and effects on residual pay brought on by the streaming ecosystem that has emerged in recent years.

Actors, including SAG-AFTRA President Fran Drescher, have joined writers on picket lines for weeks in solidarity. An actors strike would prevent performers from working on sets or promoting their projects.

Whether the cast of Christopher Nolan’s film “Oppenheimer” attends Thursday’s London premiere hangs in the balance of whether the actors strike.

Attending a photo event on Wednesday, star Matt Damon said that while everyone was hoping a strike could be averted, many actors need a fair contract to survive.

“We ought to protect the people who are kind of on the margins,” Damon told The Associated Press. “And 26,000 bucks a year is what you have to make to get your health insurance. And there are a lot of people whose residual payments are what carry them across that threshold. And if those residual payments dry up, so does their health care. And that’s absolutely unacceptable. We can’t have that. So, we got to figure out something that is fair.”

The looming strike has cast a shadow over the upcoming 75th Emmys. Nominations were announced Wednesday, and the strike was on the mind of many nominees.

“People are standing up and saying, ‘This doesn’t really work, and people need to be paid fairly,’” Oscar-winner Jessica Chastain, who was nominated for her first Emmy Award on Wednesday for playing Tammy Wynette in “George & Tammy,” told the AP. “It is very clear that there are certain streamers that have really kind of changed the way we work and the way that we have worked, and the contracts really haven’t caught up to the innovation that’s happened.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Finance

Personal FinanceSavings accounts
Today’s best high-yield savings account rates on Dec. 12, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 12, 2025
1 hour ago
Personal FinanceCertificates of Deposit (CDs)
This CD still yields 4.18%—here are today’s best CD rates on Dec. 12, 2025
By Glen Luke FlanaganDecember 12, 2025
1 hour ago
Personal Financemortgages
Current mortgage rates report for Dec. 12, 2025: Rates still holding firm
By Glen Luke FlanaganDecember 12, 2025
1 hour ago
Personal FinanceReal Estate
Current ARM mortgage rates report for Dec. 12, 2025
By Glen Luke FlanaganDecember 12, 2025
1 hour ago
Personal FinanceReal Estate
Current refi mortgage rates report for Dec. 12, 2025
By Glen Luke FlanaganDecember 12, 2025
1 hour ago
CryptoYouTube
Exclusive: YouTube launches option for U.S. creators to receive stablecoin payouts through PayPal
By Ben WeissDecember 11, 2025
7 hours ago

Most Popular

placeholder alt text
Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
2 days ago
placeholder alt text
Investing
Baby boomers have now 'gobbled up' nearly one-third of America's wealth share, and they're leaving Gen Z and millennials behind
By Sasha RogelbergDecember 8, 2025
4 days ago
placeholder alt text
Success
Palantir cofounder calls elite college undergrads a ‘loser generation’ as data reveals rise in students seeking support for disabilities, like ADHD
By Preston ForeDecember 11, 2025
17 hours ago
placeholder alt text
Economy
‘We have not seen this rosy picture’: ADP’s chief economist warns the real economy is pretty different from Wall Street’s bullish outlook
By Eleanor PringleDecember 11, 2025
22 hours ago
placeholder alt text
Economy
‘Be careful what you wish for’: Top economist warns any additional interest rate cuts after today would signal the economy is slipping into danger
By Eva RoytburgDecember 10, 2025
2 days ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
16 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • 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
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 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.