Hollywood Studios and Writers Guild of America on the Brink of Striking a Groundbreaking Deal
WGA strike: Major breakthrough expected today as Hollywood studios and Writers Guild of America near a historic deal after intense four-day negotiations, sources reveal to CNN
The Writers Guild of America could potentially finalize a deal with major film and television studios as soon as Sunday, following four days of exhaustive negotiations, according to individuals familiar with the situation. This tentative agreement would still require the approval of the WGA's over 11,000 writer members. However, if ratified, it would bring an end to a nearly five-month-long strike, which stands as the second-longest in the history of the union.
The actors' union, SAG-AFTRA, has been on strike since mid-July, demanding improved wages, residuals payments from streaming services, and safeguards against the utilization of artificial intelligence. Should the WGA negotiate an agreement with the Alliance of Motion Picture and Television Producers, the leading trade association for major Hollywood studios, SAG-AFTRA may face heightened momentum to agree to a similar deal.
