DEAL: WGA, Major Studios Reach Agreement at Eleventh Hour, Averting Strike Threat

It went down to the wire, and a little beyond, but the Writers Guild of America and major studios came to terms on a new contract early Tuesday, defusing the threat of a strike crippling the film and television business. The sides shook hands shortly after midnight, minutes after the previous contract expiration deadline passed.... Read more » Cynthia Littleton