“That’s absolutely unacceptable, It’s painful”: Matt Damon is Heartbroken With Actors Struggling to Make $26,000, Gets Brutally Honest About Unfair Contracts in Hollywood

Matt Damon is Heartbroken With Actors Struggling to Make $26,000, Gets Brutally Honest About Unfair Contracts in Hollywood
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The actors in Hollywood have officially started a strike. After negotiations with the Alliance of Motion Picture and Television Producers (AMPTP) failed, the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) announced a strike today. The announcement comes two months after the Writers Guild of America (WGA) went on strike on May 2.

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SAG-AFTRA strike
SAG-AFTRA strike

Actors including Matt Damon walked out of the London premiere of the historical epic Oppenheimer to “write their picket signs“, said director Christopher Nolan after the strike was announced. Higher pay and protections from unauthorized use of their photos by AI are two of the main demands of the actors.

Also Read: “No one will see that coming”: Matt Damon Was Nearly Killed in His Own $1.6B Franchise by Bloodthirsty Director Who Did the Same With Tom Cruise in Multiple Movies

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Matt Damon Shares Why SAG-AFTRA Strike Is ‘unbelievably important’

Following four weeks of unproductive talks with the studios, SAG-AFTRA, the organization representing 160,000 television and film actors in television and cinema, has decided to go on strike.

Matt Damon
Matt Damon

In an interview with the Associated Press at an Oppenheimer promotional event in London, Matt Damon emphasized the significance of residual payments.

What we would be striking for, if we strike, is unbelievably important,” he told the outlet. “We got to protect the people who are kind of on the margins. 26,000 bucks a year is what you have to make to get your health insurance. And there are a lot of people who ― residual payments are what carry them across that threshold. If those residual payments dry up, so does their healthcare, and that’s absolutely unacceptable.”

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This isn’t an academic exercise. This is real life and death stuff. Hopefully, we get to a resolution quickly. No one wants a work stoppage, but we’ve got to get a fair deal,” Demon added.

It’s the difference between having health care and not for a lot of actors. We got to do what’s right by them.”

Hollywood has not had simultaneous strikes since 1960 when members of the WGA and the SAG both went on strike for unpaid residuals from films sold to TV networks.

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Also Read: “They’re giving hundreds of millions to their CEOs”: Actors Are Insulted With Unfair Treatment As They Join More Than 10,000 Writers on WGA Strike

Response from AMPTP and the Halt in Hollywood

As workers across the industry feel frustrated with the changes brought on by streaming, Hollywood has been absorbed in an unprecedented display of force. And, just like their writing counterparts, actors are also fighting for protection from the rise of AI, general salary rises, and increases in streaming residual income. Hollywood is likely to come to a near standstill as a result of the decision by actors to join the writers on strike.

The strike began on July 14, 2023
The strike began on July 14, 2023

AMPTP – which represents the likes of Netflix, Disney, and other studios – said it was “deeply disappointed” by the union’s decision.

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It added: “This is the union’s choice, not ours.”

In doing so, it has dismissed our offer of historic pay and residual increases, substantially higher caps on pension and health contributions, audition protections, shortened series option periods, a groundbreaking AI proposal that protects actors’ digital likenesses, and more.”

Due to the strike, a considerable amount of work will be impossible for movies currently in production. Even when filming has already been completed, actors won’t be available for reshoots or other crucial steps in the filmmaking process.

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Hollywood’s biggest names won’t be able to attend events promoting new or upcoming films. There is a chance that events like the Emmys and Comic-Con will be postponed or scaled back.

The “double strike” by both unions is the first such action since 1960 when the SAG was led by actor Ronald Reagan, who was still a long way from being a politician and the president of the United States.

Also Read: “Actors are nothing without writers”: Jennifer Lawrence, Meryl Streep, Ben Stiller Support Another Hollywood Mutiny After Writers Strike, Want SAG-AFTRA to Bend Over

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Source: YouTube

Prantik Prabal Roy

Written by Prantik Prabal Roy

Articles Published: 778

Prantik Prabal Roy is a content writer at FandomWire. With over three years of experience in content writing for various media houses, he takes great interest in telling stories about Hollywood celebrities and the world revolving around them. He has done his Master's in English literature and diploma course in journalism. Being a literature student, he has the ability to delve into the matter and analyse it thoroughly to give the readers a clear view on the specific topics.