Is the writer’s strike about to be history? Are the two sides finally close to an agreement? Will we finally get the good word sometime tomorrow or earlier? Can I possibly stop asking questions and start answering them? Maybe on all counts. Continue on…
The news that the writers strike may be at an end comes to us courtesy of Kristin over at E! Online. Now I will add that Kristin is not exactly a full-proof source, but hey, she’s somewhat “tuned in” to the happenings of “the biz”, and maybe she knows something.
We are hearing from several sources that the WGA and the AMPTP are “very close” to a deal, which could be announced as early as later today.
According to reliable insiders who asked not to be named, the writers and producers were in talks for nine hours yesterday and made a “staggering amount of progress,” as all of the major sticking points have been settled.
“We are 99.9 percent of the way there,” one source inside the negotiations said. “As of late yesterday, just a few small issues remained.”
The stickiest issue of all, compensation for new-media projects, has been agreed upon by both sides, according to sources. Said one: “There is most certainly light at the end of the tunnel, and we are rapidly approaching it.”
Too good to be true? Hey, it could happen.
Update: More news about a possible breakthrough from the AP:
The two sides breached the gap Friday on the thorniest issues, those concerning compensation for projects distributed via the Internet, said the person, who requested anonymity because he were not authorized to speak publicly.
A second person familiar with the talks, also speaking on condition of anonymity because he wasn’t authorized to comment publicly, said that significant progress had been made and a deal might be announced within a week.
The people did not provide specific details on the possible agreement. Major points of contention include how much and when writers are paid for projects delivered online after they’ve been broadcast on TV.