After weeks of striking, the Writers Guild of America has struck a deal with Hollywood honchos, ending the protracted impasse between scribes and studios and allowing the stalled wheels of the entertainment industry to creak back into motion on Wednesday.
UPDATE: Here’s what the moguls have to say:
This is a day of relief and optimism for everyone in the entertainment industry. We can now all get back to work, with the assurance that we have concluded two groundbreaking labor agreements—with our directors and our writers—that establish a partnership through which our business can grow and prosper in the new digital age. The strike has been extraordinarily difficult for all of us, but the hardest hit of all have been the many thousands of businesses, workers and families that are economically dependent on our industry. We hope now to focus our collective efforts on what this industry does best—writers, directors, actors, production crews, and entertainment companies working together to deliver great content to our worldwide audiences.