WGA, Hollywood studios reportedly closing in on deal after months-long strike

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WGA, Hollywood studios reportedly closing in on deal after months-long strike
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Negotiations are said to be in the 'final phase' of contract talks, potentially bringing an end to the five-month long strike that brought the entertainment industry to a grinding halt.

Negotiators for the striking Writers Guild of America and studio representatives were"in the final phase" of contract talks to potentially end a months-long strike that's crippled the entertainment industry, according to multiple media reports Saturday.

The Alliance of Motion Picture and Television Producers, which is handling negotiations for studios, could not be reached for comment. Representatives from the WGA and AMPTP met Wednesday for the first time since mid-August, then met again Thursday. With negotiations seemingly stalled earlier this month, the WGA negotiating team issued a statement suggesting that some traditional Hollywood studios should break ranks with the AMPTP and reach a deal directly with the writers' union. The WGA suggested it has spoken with some studio executives who believe a deal could be quickly struck.

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