Hollywood Studios, Striking Actors in Standoff as Talks Crumble

Negotiations between Hollywood studios and the SAG-AFTRA actors’ union have been suspended amid disagreements in key areas like pay, dashing hopes that the months-long labor dispute will soon end.

The Alliance of Motion Picture & Television Producers, which represents studios such as Walt Disney Co. and Netflix Inc., said that a viewership bonus proposed by the actors’ union would cost more than $800 million per year, creating “an untenable economic burden,” it said in a statement.

The actors’ union said in a statement posted to X, the social media platform formerly known as Twitter, that the AMPTP had ...