As the actors’ guild strike entered its 115th day, SAG-AFTRA Guild representatives reviewed the studios’ “last, best, and final offer” on Sunday (November 5) after a brief virtual conference with CEOs on Saturday (November 4).

Studio executives are calling the offer “historic.” The parties have no official meetings scheduled for Monday or later this week. As usual, since the guild went on strike in mid-July, SAG-AFTRA will picket studio lots and offices in Los Angeles and New York on Monday.

For weeks, the studios have quietly stressed the need for an agreement by October/November to rescue a TV season and advance a 2024 movie slate. The studios’ proposal includes the greatest wage boost for actors in 40 years and a 100 percent performance reward bonus for high-budget streaming shows and films.

The offer included “full” AI protections, which went “a long way to what SAG wanted,” according to an industry source on Saturday.