Hollywood actors to begin strike, citing "existential threat" to profession
CBSN
Hollywood actors formally announced a strike after negotiations between their union and motion picture studios collapsed, a serious blow for the entertainment industry that could cripple film and TV productions across the U.S.
About 160,000 actors represented by the Screen Actors Guild-American Federation of Television and Radio Artists are walking off the set effective midnight Friday, SAG-AFTRA leaders announced on Thursday afternoon. It is the first industrywide work stoppage by the labor group since 1980.
"Actors deserve a contract that reflects the changes that have taken place in the industry. Unfortunately the current model devalues our members and affects their ability to make ends meet," Duncan Crabtree-Ireland, the union's national executive director, said in a press conference.
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