Is the Hollywood Writers Strike is Over?
"It's over!" Eisner said while being interviewed on CNBC's "Fast Money". "They made the deal. They shook hands on the deal. It's going on Saturday to the writers in general."
Is it really over? Michael Eisner might have some clout, but he is not the voice of the 12,000 members of the Writer's Guild who have joined the strike.
The New York Times has reported that the East and West Coast governing boards of the writer's guild will meet on Sunday and gain a sense of their membership. Union leaders say they have reached a tentative three-year agreement.
Michael Winship, president of the Writers Guild of America, East said, "I believe it is a good deal. I am going to be recommending this deal to our membership,"
Guild members could get a 48-hour window to vote and a final agreement could be reached as early as Wednesday. Patrick Verrone, president of the Writers Guild of America, West told members, "The decision to lift the strike will be yours."
This is the closest both sides have come to reaching an end to the strike that began on November 5, 2007 and has been Hollywood's longest since 1988.
Tens of thousands of people have been out of work since the strike began.
The networks have been relying on reality shows such as NBC's American Gladiators and Fox's American Idol as hit series like Grey's Anatomy and Desperate Housewives have run out of new shows to air.
The studios are anxious to end the strike before February 24, which is when the 80th Academy Awards is scheduled to air. Over the past few weeks much speculation has been made regarding whether or not actors would attend and if Writer's Guild Members would picket outside the red carpet event.
NBC's Tonight Show with Jay Leno and Late Night With Conan O'Brien have already been inviting their writing staff back to work on Monday under the assumption that a deal is complete.
cnbc.com http://www.cnbc.com/id/23057002
Bill Carter and Colin Moynihan http://www.nytimes.com/2008/02/10/business/media/10strike.html?pagewanted=2&_r=1&ref=us
New York Times
http://www.forbes.com/afxnewslimited/feeds/afx/2008/02/10/afx4636548.html Forbes.com
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