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Three of Hollywood's biggest unions reached deals with the studios this year. No strikes, no picket lines, no production shutdowns. And all three signed on for four years instead of the usual three.
That extra year was the product of a compromise. In the latest episode of WRAPPED, host Cameron Woodward breaks down what the writers, actors, and directors each gained, what they agreed to in return, and why the studios valued the stability enough to meet them there.
From the WGA's work to shore up its health fund, to the SAG-AFTRA pension merger and new rules on synthetic performers, to the DGA's push for a federal tax incentive, each guild walked away with something specific.
Wrapbook's Senior Director of Labor Relations, Paul Schoeman, joins to explain what these agreements mean in practice and what contract language can and can't do as AI keeps moving.
For producers, it adds up to a longer runway for budgeting multi-year slates, and a bet on what the industry looks like in 2030.
Watch the full episode on YouTube, then subscribe to the Wrapbook channel so you don't miss future WRAPPED episodes.
Have questions about how these contracts affect your next budget, payroll setup, or guild assumptions? Wrapbook's Labor Relations team works through these questions every day. Reach out anytime.
