Disney, Netflix, Other Media Stocks Rise With End in Sight for Hollywood Writers Strike

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A tentative agreement has been reached to cease the labor action that has shut down production of TV shows and movies.

Hollywood writers and studios reached a tentative agreement to end the monthslong strike that has shut down production of TV shows and movies.

The breakthrough in negotiations came after five consecutive days of talks that involved the chief executives of Warner Bros. Discover, Disney, Netflix, and NBCUniversal Studios. Actors joined writers in the strike, and the deal with writers could pave the way for a resolution with actors as well.

 

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