After almost five months, the Writers Guild’s strike will be officially over at 12:01 a.m. PT Wednesday. “Today, your Negotiating

The screenwriters’ union and negotiators representing Hollywood studios and streaming services have reached a tentative agreement to end one of the longest strikes in Hollywood’s history. The labor dispute,

“This would allow writers to return to work during the ratification vote, but would not affect the membership’s right to make a final determination on contract approval,” according to a message sent by the WGA negotiating committee to the union’s 11,500 members Sunday night when the tentative agreement was announced.

When the latest talks began, four of the most powerful executives in entertainment — Netflix Chief Executive Officer Ted Sarandos, Disney CEO Bob Iger, Warner Bros. Discovery Inc. CEO David Zaslav and NBCUniversal Chief Content Officer Donna Langley — joined their labor negotiators.

The union reached a provisional agreement, still subject to member ratification, with Hollywood's top studios and streamers on Sunday night.

After 146 days, the writers and AMPTP have a deal that will stop the picketing but needs ratification before work begins.

The total value is estimated by the guild to stand at $233 million, up from the $86 million deal that the AMPTP initially offered. Basic wage increases for writers will be on the same annual rate as agreed upon by the studios and the Directors Guild of America: a 5% increase in the first year,

Writers have agreed to call off strikes after board members approved a contract agreement with Hollywood studio bosses. The Writers Guild of America (WGA) announced it had voted to accept the deal with the Alliance of Motion Picture and Television Producers (AMPTP),

The two groups reached a tentative agreement on a new three-year deal Sunday night. WGA West announced the news to Twitter, sharing, "The WGA and AMPTP have reached a tentative agreement. This was made possible by the enduring solidarity of WGA members and extraordinary support of our union siblings who stood with us for over 146 days.