Hollywood writers and studios reach tentative deal, ending strike

1 min read
Source: CBS News
Hollywood writers and studios reach tentative deal, ending strike
Photo: CBS News
TL;DR Summary

Hollywood writers have reached a tentative deal with studios to end their strike, which lasted over four-and-a-half months. The agreement between the Writers Guild of America and the Alliance of Motion Picture and Television Producers is subject to ratification by the WGA's members. The terms of the deal have not been disclosed. The strike, which began on May 2, has had a significant impact on California's economy, with both the WGA and the Screen Actors Guild-American Federation of Television and Radio Artists demanding increased residual payments from streaming services.

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