Friday, February 8, 2008

Studios Proceed Cautiously. End of Strike in Sight.

Even if Hollywood writers end their three-month-old strike soon, as the buzz seems to suggest, studios will be reluctant to ramp up development too aggressively because they must still contend with a possible walkout by actors in June.

"There's a lot we can do now (in the case of a resolution) that we couldn't do during the writers strike. But there's still a lot we can't do," said one studio executive.

The timing of the potential resolution between the Writers Guild of America (WGA) and the bargaining arm of the studios -- less than five months before a potential actors strike -- means there will be no immediate greenlights based on the work of returning writers.

Still, development projects frozen at the beginning of November can now finally begin to thaw.

Story continued at : http://au.news.yahoo.com/080208/11/15s1p.html

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