A “Tentative” Deal is Reached to End Writer’s Strike

See that? That’s light at the other end of the tunnel, as the WGA officially announced that it had reached a “tentative” deal with the studios to end the 3-month long writer’s strike that has crippled Hollywood and the viewing habits of TV fans everywhere. Now it’s up to the WGA to sell the plan to its members, and if they do that, this thing could be over by Monday next week.

More:

The breakthrough was announced via e-mail to the 10,500 members of the Writers Guild of America (WGA), who went on strike for the first time in almost 20 years on November 5 in a dispute centering on compensation for work distributed over the Internet.

“While this agreement is neither perfect nor perhaps all that we deserve for the countless hours of hard work and sacrifice, our strike has been a success,” WGA West president Patric Verrone and WGA East president Michael Winship said in the memo.

Members will meet in New York at 2 p.m. EST and in Los Angeles at 10 p.m. EST to discuss specific terms, the ratification process and ending the strike, the union added.

Obviously the threat of cancelling the Oscars due to the strike was one of the impetus for solving this thing. If there is one thing Hollywood can’t stand, it’s not being able to congratulate itself on its biggest night of the year — i.e. the Oscars. But hey, whatever works, right?