More than 100 days into a historic strike that shook the entertainment industry, the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) and the Alliance of Motion Picture and Television Producers (AMPTP) have reached a tentative agreement. This news was announced in a statement by Los Angeles Mayor Karen Bass.

Featuring significant gains, SAG-AFTRA, as the result of this strike, which represented approximately 160,000 actors, saw wide-reaching impacts. The new agreement provides for the largest increase in minimum wages in four decades, residuals for streaming programs, extensive protections against artificial intelligence, and overall contract increases, as reported by ABC7 News.

Concurrently, Hollywood writers have been involved in a separate contract dispute, having ratified a deal to end their strike. This agreement, unlike that of the actors', is still pending ratification among union members. ABC7 News reports that the concerns of both professions share common ground on residual payments and artificial intelligence, but differ on other points.

October 2 marked the beginning of negotiations between SAG-AFTRA and AMPTP, which continued into early November. Mayor Bass emphasized the necessity of focusing on local production as a response to the strike's ripple effects across Los Angeles and the country. This was necessary to aid in the entertainment industry's rebound, as reported by NBC Los Angeles.

Gavin Newsom, the Governor of California, showed his support for the tentative agreement. He stated that it "will benefit our economy statewide and kickstart a new wave of exciting projects," expressing gratitude for the effort to put all workers in the entertainment industry to work, according to the NBC Los Angeles report.