Performing artists say their salaries have plummeted in the streaming era.

`Most of our members do not meet the salary threshold for health insurance of $26,000/year, most only work part-time,` said Fran Drescher, president of SAG-AFTRA.

Representative of the Alliance of Film and Television Producers, said that Hollywood is misjudging their position, leading to the current stagnation.

The strike lasted for months, causing Hollywood to stagnate production.

According to SAG-AFTRA, there were two main disagreements that led to the strike.

In terms of salary, the actor wants an 11% increase from the base rate this year, an 8% increase in the next two years.

However, the studio even opposed increases of 5% this year and 7.5% in the next two years, according to the documents.

Actors want to be compensated, especially when the movies they have acted in are re-released by the studio, from cinema to television.

65,000 actors went on strike, demanding to quit their jobs in Hollywood

Mandy Moore attracted attention when she shared that she received a 1-cent check from a streaming service.

The advent of streaming services upsets payments, endangering the acting career – a profession that was once thought to be quite stable.

Instead, actors are paid smaller amounts when movies stream on the app.

β€œThe current model devalues our members, affecting their ability to make a living,” said Duncan Crabtree-Ireland, chief negotiator for SAG-AFTRA.

Brandee Evans, who appeared in 17 episodes of the Starz series P-Valley, said his account balance was recently nearly empty.

Mandy Moore, who stars on the hit show This Is Us, said she received a streaming check left for a penny, a record-low amount, that didn’t buy the cast anything

SAG proposed that its members take a share of revenue from streaming platforms, but the studio refused, according to the documents.

AI is a sticking point in negotiations.

The prospect of being replaced by digital copies makes real actors, especially extras, scared.

The head of SAG-AFTRA calls AI an `existential threat` to the acting profession.

65,000 actors went on strike, demanding to quit their jobs in Hollywood

The slogan AI does not cost money to raise children makes many people think.

However, an AMPTP spokesperson denied that.

While a handful of big stars can earn sky-high salaries of tens of millions of dollars per movie, most other actors earn much less, as evidenced by Mandy Moore’s 1 cent payout from her streaming service.

Research shows that about 87% of SAG-AFTRA members earn less than $26,000 a year from acting.

In 2022, across the United States, the average actor’s salary is about $18/hour, according to the Bureau of Labor Statistics.

Such hourly wages can translate into lucrative paydays, but that only happens if the actor is employed full-time.