Friday, January 11, 2008

From Today's Wall Street Journal

Ten weeks into the screenwriters' strike, Weinstein Co. has reached an interim agreement with the Writers Guild of America that will allow the independent studio to restart work on new films, according to Harvey Weinstein, co-chairman.

"It's a done deal," Mr. Weinstein said, adding that he expected it to be signed by this morning. The agreement is similar to the deal announced Monday by the WGA and United Artists Films, the independent studio partly owned by Tom Cruise and his business partner Paula Wagner. The UA deal was the first between the WGA and a film studio since Hollywood writers walked out Nov. 5 after contract negotiations with the major Hollywood studios and television networks broke down.

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