Mightier than the Sword?

“‘This the best deal this guild has bargained for in 30 years,’ Verrone said.” Is the writers’ strike coming to an end? It would appear so. “The endorsement paves the way for writers to return to work on Wednesday, pending a vote by the guild’s membership to lift the strike order on Tuesday.“

Variety covers the basics of the deal here. “The most significant opposition is coming on the issue of the promotional window on ad-supported streaming. The objections center on concerns that TV viewing will be quickly migrating to the Intenet before the end of the contract [May, 2011], given current viewing trends…reaction to the deal points in the blogosphere on Saturday morning has been decidedly mixed, with much of the criticism pointed at the length of the promotional window.” To be honest, I don’t know enough about the issues at stake to evaluate the deal. Any thoughts out there? Update: Slate‘s Kim Masters sifts through the deal.

Pencils Ready?

“‘It’s already done, basically,’ the insider describes.” Is the Hollywood writers’ strike, now entering its fourth week, close to resolution? According to one report, definitely maybe. “I was told not to expect an agreement this week. But my source thought it was possible that the strike could be settled before Christmas.“

Write your own quippy headline.

Writers of the world, unite! You have nothing to lose but your residuals. A writers’ strike in Hollywood looks increasingly likely after eleventh-hour talks fall apart and the deadline — midnight November 1 — passes. “If a strike occurs, it would probably happen within a week and possibly as early as Friday, according to people close the guild.The writers’ previous strike, in 1988, lasted 22 weeks and cost the industry an estimated $500 million.” By the way, hope you like reality tv. “If history is any guide, late night television would see the most immediate impact. Dave Letterman and Jay Leno, whose monologues depend on union writers, would go dark, as would Saturday Night Live, The Daily Show, and The Colbert Report.” Update: The strike begins Monday at midnight.