Breaking News: WGA Strike Nears Resolution as Writers Guild and Hollywood Studios Enter Pivotal Negotiation Stage

The writers' strike and Hollywood studios are in the "final stages" of talks, aiming to reach an agreement by the end of the weekend, according to two sources familiar with the situation, CNN reported. After four consecutive days of negotiation, the Writers Guild of America and the Alliance of Motion Picture and Television Producers are making progress towards resolving the ongoing work stoppage, which has severely impacted the entertainment industry.

By Saturday afternoon, the studio heads from the big four companies, Warner Bros. Discovery, Disney, Netflix, and NBCUniversal, had left the Sherman Oaks room, indicating that most of the significant issues had been resolved. Although they were no longer physically present, the studio bosses were fully involved in the ongoing negotiations. The AMPTP and the WGA spokespersons did not immediately provide a comment in response to the requests.

The WGA initiated a strike on May 2, and as of Saturday, it has been ongoing for 145 days. This puts it just two weeks away from surpassing the unions' record for the longest strike, which lasted 154 days back in 1988. Numerous productions had already come to a halt even before SAG-AFTRA joined the WGA in the strike on July 14. The negotiations between the two parties have revolved around disagreements regarding wages, worker protections, and the impact of artificial intelligence.

Warner Bros. Discovery is CNNs parent company.