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Fortune
Fortune
Paolo Confino

The Hollywood strike gets uglier as the studios spike talks over an $800 million residuals ask. The guild calls out ‘bully tactics’ and says that’s a 60% overstatement

Union members picket outside Paramount Studios in Los Angeles. (Credit: Mario Tama)

Hollywood may not be getting back to work for a long time, as the studios and striking actors are pointing fingers, amping up the rhetoric and far apart on financial terms. Negotiations between the actors union, SAG-AFTRA, and the studios broke down again on Wednesday night. The halt in negotiations comes after talks had resumed several weeks ago.

The AMPTP, the trade organization that represents studios including Disney, Netflix, and Warner Bros., released a statement late Wednesday night criticizing the latest offer it received from the actors' guild. 

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