Hollywood screenwriters reach tentative deal to end strike

Striking Hollywood screenwriters reached a tentative new labor agreement with studios including Walt Disney Co. and Netflix Inc., settling one of two walkouts that have shut down film and TV production.

Report informs citing The Time magazine that the Writers Guild of America, which represents more than 11,500 Hollywood scribes, said Sunday it reached the deal with the Alliance of Motion Picture & Television Producers, the studios’ bargaining group. The agreement, if approved by the guild members, will end a strike that began on May 2.

The provisional three-year deal remains subject to the completion of contract language and recommendations from the union’s council and board, which could come as soon as Tuesday. Members would vote after that. The strike continues through that process.

“We can say, with great pride, that this deal is exceptional – with meaningful gains and protections for writers in every sector of the membership,” the guild said in a statement.

The writers went on strike for the first time since 2007 to fight for higher pay from streaming services, which have reshaped how TV is made and how talent gets paid. The Screen Actors Guild joined them in July over similar concerns.

Details of the agreement won’t be announced for a few days, however people familiar with the matter said earlier that writers gained concessions on key points, including higher wages.