Writers Guild and Studios Reach Tentative Agreement, Ending Hollywood Strike

The Writers Guild of America (WGA) and major film and television studios have reached a tentative agreement, potentially ending the months-long strike that has halted Hollywood production. While the terms of the agreement are not immediately known, the deal is seen as exceptional with meaningful gains and protections for writers. The agreement still needs to be ratified by WGA members, but this marks a significant turning point in the strike. The WGA has suspended picketing but emphasized that no one should return to work until authorized by the Guild. The actors' union, SAG-AFTRA, has also been on strike since mid-July. The strikes have had a nationwide economic impact of over $5 billion, and there is optimism that the studios' agreement with the writers will lead to a deal with the actors as well.