The proposed solution to the writers strike came after talks resumed on Wednesday for the first time in a month.
Chief executives including Bob Iger of Disney, Ted Sarandos of Netflix, David Zaslav of Warner Bros. Discovery and Donna Langley of NBCUniversal reportedly took part in the negotiations directly.
It was reached without the intervention of federal mediators or other government officials, which had been necessary in previous strikes. Los Angeles Mayor Karen Bass issued a statement congratulating the two sides on the deal and said she is hopeful the same can happen soon with actors. California Gov. Gavin Newsom did the same, saying writers “went on strike over existential threats to their careers and livelihoods — expressing real concerns over the stress and anxiety workers are feeling. I am grateful that the two sides have come together.”
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