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Negotiations suspended between Hollywood studios and actors’ union

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The Alliance of Motion Picture and Television Producers said late Wednesday that negotiations with SAG-AFTRA — the union representing about 160,000 actors — have been suspended.

“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,” the AMPTP said in a statement.

The suspension came after the actors’ union presented its latest proposal to the AMPTP, according to the statement.

Read more from CNN Business.

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