The Writers Guild of America (WGA) and Hollywood studios are nearing a deal to end the strike that started in May, CNBC reported. Sources said an agreement could be reached later on Thursday, although a failure could result in strikes continuing for the rest of the year.
The WGA and the Alliance of Motion Picture and Television Producers met on Wednesday and will hold another meeting today. The WGA claimed that writers receive reduced income from streaming services, as well as that they are under threat from the rise of artificial intelligence, among other issues. This is the longest WGA labor dispute since its 1988 strike.