Hollywood Writers and Producers Move Closer to Ending Four-and-a-Half-Month Strike, Talks Remain Optimistic

Hollywood writers and producers are inching closer to a deal to end the four-and-a-half-month-long strike that has paralyzed the entertainment industry. On Wednesday, the Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP) resumed negotiations and released a joint statement that could be a sign of progress.

The strike began in November when the WGA and AMPTP failed to reach an agreement on a new contract. The walkout has stopped production of movies and television shows, and has had a major impact on the entertainment industry.

On Wednesday, the two sides met for bargaining and planned to meet again the following day. A source close to the negotiations told NBC News that talks Wednesday were “productive” and that there was hope for “more progress” as high-level executives attended the negotiations for the first time since the strike began.

The joint statement released Wednesday night said both sides had met for bargaining and planned to meet again the following day. The statement gave no details on the progress of the negotiations, but a studio source told The Hollywood Reporter that the joint statement was a positive sign.

It is unclear when the strike will end, but both sides have expressed optimism that a deal could be reached soon. The WGA and AMPTP will continue negotiations on Thursday, and it is hoped that a resolution can be reached soon.