Streaming services like Netflix will pay actors bonuses amounting to roughly $40m a year as part of the tentative labor agreement reached between the Sag-Aftra actors union and major Hollywood studios, union leaders said on Friday after their board backed the deal.
The proposed three-year contract, which the union said was valued at more than $1bn over three years, was endorsed by 86% of Sag-Aftra’s national board.
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