The Hollywood actors strike is still ongoing after talks broke down this week.
Negotiations had been ongoing between SAG-AFTRA and the Alliance of Motion Picture and Television Producers with both sides looking to find an acceptable resolution, but AMPTP has claimed the gap between their respective positions is "too great".
As reported by Variety, the Screen Actors Guild has accused the studios of "bully tactics" and insisted the studios walked away after refusing to counter their latest offer.
The organisation expressed its "profound disappointment" with the development and urged members to continue to attend picket lines.
At the moment, neither side can agree on the union's proposed share of streaming revenue, with the the AMPTP claiming it would cost $800 million a year, while SAG-AFTRA insists that number has been exaggerated by 60 percent.
The union told its members: "We have negotiated with them in good faith, despite the fact that last week they presented an offer that was, shockingly, worth less than they proposed before the strike began.
“These companies refuse to protect performers from being replaced by AI, they refuse to increase your wages to keep up with inflation, and they refuse to share a tiny portion of the immense revenue YOUR work generates for them.”
The union is calling for a share of streaming revenue for all covered shows - including made-for-streaming projects as well as films and TV series licensed from other platforms - which would be a big step beyond the Writers Guild of America's newly won success-based bonus.
In a statement, AMPTP said: "SAG-AFTRA’s current offer included what it characterized as a viewership bonus that, by itself, would cost more than $800 million per year – which would create an untenable economic burden.
“SAG-AFTRA presented few, if any, moves on the numerous remaining open items.”
The union claims it has actually made "big, meaningful" counters and transformed the proposal, instead accusing the studios of trying to weaken its members' resolve with allegedly misleading information.
They added: "The companies are using the same failed strategy they tried to inflict on the WGA – putting out misleading information in an attempt to fool our members into abandoning our solidarity and putting pressure on our negotiators.
“But, just like the writers, our members are smarter than that and will not be fooled.”
While SAG-AFTRA has called for an 11 percent increase in minimum rates in line with inflation, the AMPTP wants to go with the same agreement given to both the WGA and Directors Guild of America, which is five percent followed by increases of four and 3.5 percent.
The organisation continued: "After meaningful conversations, it is clear that the gap between the AMPTP and SAG-AFTRA is too great, and conversations are no longer moving us in a productive direction.”