Writer's Strike over

While all the members of the Writer’s Guild still need to accept the terms, it seems that an end to the strike has come. Going over the contract Friday, and finalizing on Saturday, all the majors have come to a tentative agreement. If approved the deal will last through May 1, 2011.

Patric Verrone, WGA West president, and Michael Winship, WGA East prexy, sent a message to members, “It is an agreement that protects a future in which the Internet becomes the primary means of both content creation and delivery. It creates formulas for revenue-based residuals in new media, provides access to deals and financial data to help us evaluate and enforce those formulas, and establishes the principle that, ‘When they get paid, we get paid.’”

You can read Variety’s full article here.