WGA strike: Are both sides close to a deal?

The Writers Guild of America and Hollywood studios may be close to a deal to bring an end to the monthslong WGA strike.

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The WGA and the Alliance of Motion Picture and Television Producers released a statement on Wednesday saying the two sides met for bargaining earlier in the day and will do so again on Thursday, CNBC reported.

They hope to have a deal hammered out Thursday, but if one is not reached, sources told CNBC that the strike may last until the end of the year.

WGA members walked off the job on May 2, walking the picket lines for 140 days, KCAL reported. Members of the Screen Actors Guild-American Federation of Television and Radio Artists, or SAG-AFTRA, union joined them in July, but there have been no contract negotiations between actors and the studios since the strike started.

The strikes have brought television and movie production to a standstill, with projects such as “Stranger Things,” “Deadpool 3,” “Beetlejuice 2″ and “Wicked” on hold, Mashable reported.

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