The Writers Guild and the Alliance of Motion Picture and Television Producers are continuing negotiations on Thursday as multiple reports say progress was made during Wednesday’s meeting.
“The WGA and AMPTP met for bargaining today and will meet again tomorrow,” the two sides said in a joint statement on Wednesday.
CNBC reported that both sides are “near an agreement” and hope to finalize a deal on Thursday.
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Netflix’s Ted Sarandos, Warner Bros Discovery’s David Zaslav, Disney’s Bob Iger, and Universal’s Donna Langley joined Wednesday’s meeting, according to Deadline. They are also reportedly attending Thursday’s session.
“I certainly hope they’re on the verge of a deal,” David Slack told KNX News’ Jon Baird.
Slack, who used to be on the negotiating committee years ago, added he wants a deal that makes sense for the writers.
“Sometimes these final bits of negotiations take time,” he said. “This is the trickiest point where our members have to hold together and get everything we can.”
CNBC’S David Faber said that while sources close to negotiations are “optimistic,” they warn that if a deal is not reached on Thursday the strike could continue through the rest of the year.
The writers have been on strike since May 2nd.