WGA strike: Agreement on contract talks for the Hollywood Writers Guild could be reached as soon as today


after After four days of marathon negotiations, the Writers Guild of America could reach an agreement with major film and television studios as early as Sunday, people familiar with the matter told CNN.

The major film and television studios made their “best and final” offers to the striking writers on Saturday evening, a person familiar with the situation told CNN.

A temporary agreement would still need to be approved by members of the WGA, which represents more than 11,000 writers. But if the agreement is passed, it would mark the end of a nearly five-month-long strike, the second-longest in the union’s history. According to Variety, the WGA and the Alliance of Motion Picture and Television Producers (AMPTP), the trade union representing major Hollywood studios, had set an unofficial deadline of the Yom Kippur holiday to end the strike.

The actors’ union, SAG-AFTRA, has also been on strike since mid-July. The demands of both unions are similar, including better wages, residual payments from streaming services for their work, and job protection against the use of artificial intelligence. Many successful, award-winning writers say they have found themselves unable to earn a living under the current industry structure. The growth of original content on streaming services has left very little left. Platforms also offer shorter seasons, reducing the amount of work available to writers.

Both Hollywood strikes were long and costly, with a nationwide economic impact of more than $5 billion, according to economists. Industries such as restaurants, service firms and prop shops have also felt the impact of the ongoing disputes and have had to cut headcount as a result. According to Empire State Development, disruptions to 11 major productions in New York resulted in the loss of $1.3 billion and 17,000 jobs.

Even if the WGA reaches an agreement, the Hollywood machine can’t start churning again until the alliance resolves its dispute with SAG-AFTRA, which represents about 160,000 actors.

A potential WGA deal could increase pressure on SAG-AFTRA to reach an agreement along similar lines, as both unions appear to be working closely with each other during their respective strikes.

The strikes are part of a larger pattern of labor disputes that have taken the country by storm. Thousands of workers have walked off the job in recent months, from nurses and cleaning staff to UPS workers and Starbucks baristas. Most prominently, the United Auto Workers union called for a strike against the country’s three largest automakers.

The resurgence of the “summer of strikes” and more aggressive tactics to ensure equal pay comes after low- and middle-income workers have argued for years against stagnant wages, poor working conditions and rising inequality.

This report has been updated with additional information

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