AMPTP releases statement on talks

Meeting broke off around 7:30 p.m.

After talks between SAG and producers broke off Thursday around 7:30 p.m. PT, the AMPTP issued the following statement:

"Today's meeting demonstrated that SAG's Membership First contingent unreasonably expects to obtain more in these negotiations than directors, writers and other actors obtained during their negotiations. AMPTP has already achieved four major labor agreements this year with the DGA, WGA, AFTRA Network Code, and AFTRA Prime-Time.

"Our final offer to SAG members includes more than $250 million in additional compensation, important new-media rights and protection for pension and health benefits. The refusal of SAG's Hollywood leadership to accept this offer is the latest in a series of actions by SAG leaders that, in our opinion, puts labor peace at risk. SAG's Hollywood leaders have already pursued a time-consuming, divisive, costly, and unsuccessful anti-AFTRA campaign. Any further delay in reaching a reasonable and comprehensive agreement does a disservice to the thousands of working people of our industry who are already being seriously harmed by the ever worsening de facto strike.

"We call upon SAG's Hollywood leaders to put the AMPTP's final offer to SAG members for ratification. The last thing we need is a long, hot summer of labor strife that puts even more pressure on a badly struggling economy and deprives audiences of the entertainment they clearly desire in such difficult times."