Hollywood Studios Make Concessions to Striking Screenwriters

Hollywood studios have made a new offer to striking screenwriters, including concessions on issues such as the use of artificial intelligence and access to viewer data. The offer also includes a better-than-20% increase in residual payments to writers when their shows appear on networks other than the one they were made for. Netflix CEO Ted Sarandos and Walt Disney Co CEO Bob Iger have been actively seeking a deal with the writers. The strike, which began on May 2, has been ongoing for over 100 days.