Fran Drescher, president of the actors' union SAG-AFTRA, says the Hollywood strikes are at an inflection point.
, which included a 13% increase in pay over three years and increases in residual payments.
"There's a level of expectation that they have, that is just not realistic. And they are adding to the set of the challenges that this business is already facing that is, quite frankly, very disruptive," Iger said on CNBC's Squawk Box on July 13. "It's critically important that everybody, the writers, the directors, the actors, producers, all the below the line crews, everyone needs to be fairly compensated and they need to feel valued," he said.
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