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Writers Strike is Over According to Ex-Disney Exec
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]