Hollywood studios reach union deal

Hollywood studios reached a new labour agreement with one of the industry’s most powerful unions, settling differences over work conditions and pay and averting a potentially disastrous halt to film and TV production across the country.

A strike would have roiled an industry that’s still reeling from COVID-related closings and health restrictions.

“We went toe to toe with some of the richest and most powerful entertainment and tech companies in the world, and we have now reached an agreement,” Matthew Loeb, president of the International Alliance of Theatrical Stage Employees, said in a statement.

The union, which represents thousands of art directors, camera operators and editors, has been negotiating with the Alliance of Motion Picture and Television Producers, whose members include major studios including Disney, Netflix and Amazon.com Inc.