A deal has been struck between the major media companies and the Writers
Guild of America to end the writers' strike, former Walt Disney chief
executive Michael Eisner revealed on CNBC.

"It's over," Eisner said. "They made the deal, they shook hands on the deal.
It's going on Saturday to the writers in general."

Eisner, speaking live on CNBC's "Fast Money," seemed to hesitate initially
about whether it was possible that the writers could still reject the
agreement, but finally suggested the deal's acceptance was inevitable.

"A deal has been made, and they'll be back to work very soon," Eisner said,
adding, "I know a deal's been made. I know it's over."

Eisner did not elaborate on terms of the agreement. He said he expects most
of the media companies affected by the strike to have "small" write-downs as
a result of the deal. Eisner said the deal was struck last Friday.

As a result of studio cutbacks, however, many of the writers who went on
strike are unlikely to return to the same big-money contracts they'd had as
individuals with the studios, Eisner said.

http://www.cnbc.com/id/23057002

G.

"GDS" <fake.mail@ii.net> wrote in
news:47ad2f0c$0$5591$5a62ac22@per-qv1-newsreader-01.iinet.net.au:

>
> A deal has been struck between the major media companies and the
> Writers Guild of America to end the writers' strike, former Walt
> Disney chief executive Michael Eisner revealed on CNBC.
>
> "It's over," Eisner said. "They made the deal, they shook hands on the
> deal. It's going on Saturday to the writers in general."
>
> Eisner, speaking live on CNBC's "Fast Money," seemed to hesitate
> initially about whether it was possible that the writers could still
> reject the agreement, but finally suggested the deal's acceptance was
> inevitable.

Famous last words. But it would be a bit suprising if they rejected it.

--
Terry Austin
"Dude, we're all your bitch, but only Ken's wearing the juice."
- tussock

"Just throw a rock, and what screams will probably be a moron."
- Elvis (no, not that Elvis)