The Writers Guild of America (WGA) on Sunday reached a tentative new deal with representatives of major studios and streamers, which could precipitate the end of the ongoing writers’ strike in Hollywood.

The WGA negotiating committee informed the news to all members through email. “We have reached a tentative agreement on a new 2023 MBA, which is to say an agreement in principle on all deal points, subject to drafting final contract language,” the latter message stated. “We can say, with great pride, that this deal is exceptional – with meaningful gains and protections for writers in every sector of the membership.”

Specific details of the WGA's tentative agreement were not disclosed, but the guild said in its release that a summary would be provided in advance of the membership ratification votes.

The new deal was struck with the Alliance of Motion Picture and Television Producers (AMPTP), which represents Netflix, Amazon, Apple, Disney, Warner Bros. Discovery, NBC Universal, Paramount and Sony, after the two groups met face-to-face Wednesday and again virtually on Sunday.

The writers’ strike, which first started on May 2, has lasted more than 140 days as the union representing entertainment writers working across film, television, news and online media picketed all across America in demand of better pay as well as stipulations over other key points, including staffing commitments and duration of employment.

The Screen Actors Guild - American Federation of Television and Radio Artists (SAG-AFTRA) also joined the strike, effectively bringing Hollywood to a standstill. The strikes have also forced several studios to delay the release of several major films.