It shouldn’t have come to this. After five meetings over 10 days between four of Hollywood’s top CEOs and the leaders of the Screen Actors Guild, it was supposed to be down to the wire for a deal.
Instead, SAG-AFTRA president Fran Drescher touched a frayed nerve with the CEOs, principally Netflix co-CEO Ted Sarandos and Warner Bros. Discovery CEO David Zaslav, according to multiple insiders who spoke to TheWrap.
The guild had returned to the negotiating room at SAG headquarters in West Hollywood with a new ask: Instead of demanding a 1% levy on all streaming revenue, the guild was demanding a flat $1 per subscriber, per year fee.
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