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Fortune
Fortune
Paolo Confino

The actors union secured a $120 million in streaming bonuses for members and forced Netflix and studios to open their black box of data

SAG-AFTRA president Fran Drescher and chief negotiator Duncan Crabtree-Ireland (Credit: Bloomberg)

The tentative agreement reached between actors and Hollywood studios after a four-month strike includes a big nod to the streaming era. 

As part of the contract, actors on hit streamed shows would get far bigger bonuses. Previously, these types of performance-based payments, which could be substantial for movies released in theaters and for traditional TV shows, were negligible for actors on even the most popular streaming programs. 

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