Possible progress in Hollywood writers strike talks

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The writers union and studios issued a joint statement -- itself a rarity -- saying negotiations resumed Wednesday and will continue Thursday.

against Hollywood studios resumed Wednesday and will continue Thursday, the two sides said in a rare joint statement that itself could be a sign of progress.

"If they're putting out a joint statement, I'm taking that as a positive sign," a studio source told The Hollywood Reporter."Given what's transpired, this feels different from before."Issues dividing the two sides include pay, the size of writing staffs and the use of artificial intelligence for scripts.

But, the CNBC sources cautioned, the strike could last through the end of the year if a deal isn't agreed on. Numerous outlets reported that Wednesday's session included Disney CEO Bob Iger, Netflix Co-CEO Ted Sarandos, Comcast's NBCUniversal Studio Group Chairman Donna Langley and Warner Bros Discovery CEO David Zaslav. All four are expected to attend Thursday's talks. Variety described their attendance as"a break from previous sessions."


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