Sources say the details are currently with company-side lawyers, who have been working on language since Friday night.
Management-side sources note that new streaming residual compensation is part of the package and it is not tied to health and pension funds.
The denouement arrives during the fourth consecutive day of work towards a tentative deal. Top company leaders — Disney’s Bob Iger, Warner Bros. Discovery’s David Zaslav, NBCUniversal’s Donna Langley and Netflix’s Ted Sarandos — joined the talks at the AMPTP’s Sherman Oaks headquarters on Wednesday, Thursday and Friday; the CEOs did not appear to be in attendance on Saturday but reps from the studios did gather via Zoom.
The studio side made moves in the previous days on issues including A.I., TV staffing sizes and compensation tied to the success of streaming projects, according to management-side sources. On Thursday night, there was a brief chill in relations between the parties when the Writers Guild allegedly came back late in the evening with new asks on items that the companies believed had already been settled.
Next, sources say once studio-side lawyers have completed their side, they will then send it to the WGA for review.
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