WGA, Weinstein Co. back in business

LOS ANGELES, Jan. 11 (UPI) -- The Weinstein Co. and the Writers Guild of America said Friday they have signed a comprehensive independent agreement.

The WGA has been on strike against Hollywood's movie and television producers since Nov. 5.

Although the details of the WGA-Weinstein Co. deal are not being disclosed, the two groups said the pact addresses the issues important to writers, including new media, and is similar to the guild's recent deals with Worldwide Pants and United Artists.

"We believe this strike must be resolved now, it's that simple," said a joint statement from TWC co-chairmen Bob and Harvey Weinstein. "Each day more people are losing their jobs because of this strike and a trickle-down effect is impacting the entire industry. There seems to be no end in sight and this should be a concern to all of us. While we understand and respect both sides of this issue, this agreement is a catalyst in bringing both sides back to the table so real conversations can begin."

WGA West Executive Director David Young said, "The guild is proud to move forward with The Weinstein Co. and hopes that other studios will follow its example."