Hollywood writers and studios on the verge of striking a deal to end the standoff

The months-long writers' strike in Hollywood may be coming to an end as top studio executives engage in high-level talks with the Writers Guild of America (WGA). Negotiations have been scheduled for Thursday after a significant thaw in relations between the two sides. The strike, which began in May, has been fueled by disputes over pay, working conditions, job security, and concerns about the impact of artificial intelligence. The WGA represents 11,000 writers in film and television and has demanded increased pay and job security guarantees. The strike coincided with declining profits in the media and entertainment sectors due to intense competition in the streaming space.