The SAG-AFTRA national board's approval of the tentative deal with Hollywood studios marks a potential end to the historic 118-day actors' strike, the longest in the union's history. With 86% board approval, the deal now moves to the union's broader membership for ratification.

Key elements of the deal include:

1. Wage Increases: The contract proposes a 7% general wage hike immediately, breaking the industry pattern. Additionally, background actors are set to receive an 11% pay increase. Future increments include a 4% rise in 2024 and a 3.5% increase in 2025.
2. AI Protections: A significant aspect of the agreement is the unprecedented focus on artificial intelligence. The contract ensures members' informed consent and fair compensation for the creation and use of their digital replicas, addressing a growing concern in the industry.
3. Streaming Residuals: For the first time, actors on successful streaming shows will receive a streaming residual bonus, amounting to roughly $40 million per year.
4. Pension and Health Benefits: The deal also includes substantial increases in pension and health caps, reflecting the union’s commitment to the long-term welfare of its members.
5. Additional Provisions: Other notable improvements include a 200% increase in relocation allowances, new terms for hair and makeup to protect diverse communities, increased benefits for episodic work, and requirements for intimacy coordinators for scenes involving nudity or simulated sex.

The strike, which began on July 14, was a response to stalled negotiations with the Alliance of Motion Picture and Television Producers (AMPTP), representing major studios like Warner Bros., Disney, Netflix, and others. The union's demands centered around better pay, higher streaming residuals, and AI protections.

The strike's resolution is a relief for Hollywood, which has felt the economic impact of the work stoppage. The LA economy reportedly lost about $6.5 billion, including around 45,000 entertainment industry jobs. The strike also led to delays in blockbuster releases from major studios like Disney and Sony Pictures.

The deal's focus on AI protections is particularly noteworthy, setting a possible precedent in the creative industry. This move reflects the evolving nature of entertainment and the need to adapt to technological advancements.

The ratification process by the union members will determine the final acceptance of this deal, which could significantly influence the future landscape of Hollywood's labor agreements and production practices.