Support for LAist comes from
We Explain L.A.
Stay Connected

Share This

This is an archival story that predates current editorial management.

This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.

News

Writers Strike is Over According to Ex-Disney Exec

Stories like these are only possible with your help!
You have the power to keep local news strong for the coming months. Your financial support today keeps our reporters ready to meet the needs of our city. Thank you for investing in your community.
5b2c5c1d4488b30009281043-original.jpg

A striking writer outside Disney Studios in Burbank, CA | Photo by movielover via the LAist Featured Photos pool on Flickr

In an interview on CNBC's "Fast Talk," ex-Disney CEO Michael Eisner said the writers strike is over but was noted "to hesitate initially about whether it was possible that the writers could still reject the agreement," yet finally suggesting the acceptance of the deal 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. [CNBC]

Support for LAist comes from
But Valleywag says this is all coming from the Fantasyland: "Not so, say our Hollywood sources. The strike will be over soon, they predict, but it's not done yet." Is this idea coming from the same factory that produced another underwhelming Disney investment?