The Screen Actors Guild says it will get the last, best, and final offer from the studio

The negotiating committee of the actors’ union, SAG-AFTRA, told its members Saturday that it has received the last, best and final offer from the major entertainment studios as a strike that has paralyzed much of Hollywood continues for 114 days. .

The negotiating committee said: “We are considering it and will consider our response in the context of the important issues mentioned in our proposals.” They did not say when they would respond to the offer, which came after an hour-long video conference call that included top studio executives.

The offer included a wage increase that could be the highest in four decades, according to a person familiar with the proposal, who spoke on condition of anonymity because of the sensitivity of the negotiations. The studios also gave actors a new way to determine the remainder of streaming programs based on AI performance and protection criteria, including consent and compensation requirements. The studios also proposed increases to the pension and health fund.

Saturday’s virtual meeting featured the largest group of senior entertainment executives yet to be involved with the negotiating committee, underscoring the urgency for studios to get back to work in an effort to save the fall TV season and ensure that next summer’s box office will be theatrical. . do not disturb

Four executives have led the negotiations: Donna Langley, NBCUniversals studio group president and chief content officer; Ted Sarandos, CEO of Netflix; Disney CEO Robert Iger; and David Zaslav, CEO of Warner Bros. Discoveries. They were joined by Paramount Pictures executive Brian Robbins. Disney Entertainment co-chairs Dana Walden and Alan Bergman; Mike Hopkins and Jennifer Salk of Amazon Studios; Tony Vincicura, president of Sony Pictures; and Jamie Erlicht and Zach Van Amburg of Apple Studios.

The entertainment business has been at a standstill for months due to strikes by writers who walked out in May and actors who joined them in July. The writers’ strike was resolved a little over a month ago, but the cast lockout continues, putting thousands out of work for nearly six months.