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Watch onLOS ANGELES - Striking Hollywood actors vowed to hold firm on Thursday in their push for higher compensation and other gains as studios rejected a union demand for a bonus tied to the number of streaming TV subscribers.
"This is the part of the movie where the hero gets knocked down and you think they're out," Jason George, a member of the SAG-AFTRA negotiating committee, said outside Netflix."And this is the part where you double down and you come back and win the day." Netflix Co-Chief Executive Ted Sarandos, who had joined the talks along with other media CEOs, said SAG-AFTRA had floated the per-subscriber"levy" for the first time on Wednesday night.
SAG-AFTRA countered that the studios had inflated the cost of their proposal. Negotiator Duncan Crabtree-Ireland said the cost would amount to roughly $500 million, and the union felt it was offering a concession that was closer to what the studios wanted.
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