When the latest talks began, four of the most powerful executives in entertainment — Netflix Chief Executive Officer Ted Sarandos, Disney CEO Bob Iger, Warner Bros. Discovery Inc. CEO David Zaslav and NBCUniversal Chief Content Officer Donna Langley — joined their labor negotiators.

Hollywood's writers union reached a preliminary labor agreement with major studios, a deal expected to end one of two strikes that have halted most film and television production.

While a potential end to the writers' strike represents positive momentum for Hollywood, union members still need to ratify the deal.

Talks between the Writers Guild of America and the Alliance of Motion Picture and Television Producers resumed last week after months of starts and stops.

Negotiators representing the Writers Guild of America and major studios reached a tentative agreement for a new labor contract, ending a writers' strike that began in early May.

It’s a Yom Kippur miracle! On Sunday night, after a draining five months on the picket lines, Hollywood writers reached a tentative deal with the studios. The fine print is still getting ironed out, and,

The Writers Guild of America got most of what it wanted. With actors still on picket lines, however, much of Hollywood will remain shut down.

Shares of Netflix and Walt Disney were rising Wednesday after Hollywood writers agreed to a deal to end their strike. The strike came to a close early Wednesday morning, after the Writers Guild of America agreed to a deal with representatives from the movie-and-TV industry.

They can return to work while they vote on whether to approve a three-year deal that offers pay rises.