As the U.S. actors' strike reaches 100 days, Hollywood studios and the union representing American striking actors said in a joint statement on Saturday that the two sides will restart negotiations on Tuesday (October 24).Less than two weeks ago, the actors union chose to continue the strike after negotiations broke down due to differences between the two sides over streaming revenue and the use of artificial intelligence.

It is reported that the actors union is demanding a 2% share of streaming media revenue, but the film studios believe it is unreasonable, saying that "such concessions will cost these companies more than $800 million per year and cause an unbearable economic burden."

SAG-AFTRA, which represents 160,000 actors and other media professionals, is seeking a deal with the American Alliance of Motion Picture and Television Producers (AMPTP), which negotiates on behalf of Disney, Netflix and other studios.

"SAG-AFTRA and AMPTP will hold negotiations on Tuesday at SAG-AFTRA Plaza. Several executives from AMPTP member companies will attend the meeting." The statement did not disclose further details.

SAG-AFTRA members have been on strike since July 14 of this year. Major studios have postponed major movie releases, and television networks have had to rejig their fall lineups.

The strike not only severely disrupted film and television production schedules, but also caused significant economic damage to Los Angeles and other areas of the country that rely on the entertainment industry to provide jobs and revenue.

Duncan Crabtree-Ireland, the Screen Actors Guild's chief negotiator, said the 100-day milestone was a reminder that there had been almost no substantive negotiations since the strike began.

Earlier this month, the Writers Guild of America, which went on strike with the Screen Actors Guild, has reached a new contract with film companies and made significant progress in areas such as salary packages, staff size, and the use of AI, ending a 148-day strike.