Chernin: SAG Negotiations Going ‘Horribly’16 Oct, 2008 By: Erik Gruenwedel
Peter Chernin, president and COO of News Corp. Oct. 16 said contract negotiations between the Screen Actors Guild (SAG) and Alliance of Motion Picture and Television Producers were proceeding “horribly,” and said a work stoppage by actors during the current economic climate would be more than a bad idea.
Chernin, who helped broker a deal during the writers strike earlier this year, said in the keynote at TVWeek magazine’s media conference in New York that the contract that was offered to SAG found middle ground on issues dealing with compensation and new media and rivaled similar agreements with the Writers Guild of America and Directors Guild of America.
“Obviously, I have a bias here, but a strike would be devastating to the creative community,” he said.
SAG is seeking greater compensation from Internet distribution in addition to revamping the 20-year-old DVD residual agreement, which the studios have steadfastly refused to address.
The actors union is slated to discuss a possible work stoppage Oct. 18.