Hollywood writers, studios fail to reach deal for second straight day -CNN

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The two sides on Thursday negotiated for more than 10 hours but failed to reach an agreement to end a months-long stalemate over pay and the use of artificial intelligence, CNN reported.

The Alliance of Motion Picture and Television Producers did not immediately respond to a request for comment.

Roughly 11,500 WGA members walked off the job in May, angered by how working conditions have changed in the streaming TV era.

To help spark a deal, negotiations on Wednesday and Thursday were attended by Walt Disney (NYSE:DIS) CEO Bob Iger, Netflix (NASDAQ:NFLX) co-CEO Ted Sarandos, Comcast (NASDAQ:CMCSA)’s NBCUniversal Studio Group Chairman Donna Langley and Warner Bros Discovery (NASDAQ:WBD) CEO David Zaslav, according to a source close to the studios.

The SAG-AFTRA actors union went on strike in July, putting Hollywood in the midst of two simultaneous work stoppages for the first time in 63 years.