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Hollywood’s Billion Dollar Math War

The studios say that they offered the actors a billion-dollar package. The actors say it was less than $800 million, and not good enough anyway. But the truth is that the AMPTP may have as many deal insecurities as SAG-AFTRA, itself.

Photo: Hollywood To You/Star Max/GC Image
Jonathan Handel
July 24, 2023

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This tortured season of Hollywood strife has now reached a new and entirely predictable milestone: it has devolved into studio spin. In recent days, for instance, the Alliance of Motion Picture and Television Producers (AMPTP) has blasted the striking actors (SAG-AFTRA) by saying that their own most recent offer to the union was generous, even exceedingly generous—worth at least a very headline-friendly $1 billion cumulatively in wage and residuals increases.