The signing of the agreement by foreign minister Eli Cohen marks the end of the two-year-long dispute.
Randi Weingarten has been a critic of Israel's right-wing governments, and this year has joined leading American Jews who have endorsed the Israeli mass protest movement.
Drescher is hoping that the same chutzpah will translate into a better deal for actors who say they are not being fairly paid for work that streams online.
The strike comes as actors grow increasingly worried that their digital images will be used without their permission or proper compensation.
The Screenwriters Guild of Israel (SGI) is urging its members not to cross the virtual WGA picket line and “scab” for Hollywood studios
This decision, according to the union, came after the finance and education ministries did not meet their requirements after a year of "fruitless negotiations."
The bill proposes giving the Knesset power to shut down a protest for 30 days, which can then be repeated.