Hollywood writers, studios stage last-minute talks as strike deadline looms

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Hollywood writers, studios stage last-minute talks as strike deadline looms
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Hollywood writers and film and television studios are racing to agree to a new contract to replace the one that expires at 11:59 p.m. Pacific time Monday. If they fail to reach a deal, a strike could begin as soon as Tuesday. Here’s what you need to know

, Netflix and hundreds of production companies, has said it is committed to reaching a fair agreement.If a strike is called, late-night shows such as "The Tonight Show with Jimmy Fallon," "Last Week Tonight with John Oliver" and "Saturday Night Live," which use teams of writers to craft topical jokes, are expected to immediately stop production.

Soap operas and other daytime shows such as "The View" will likely be disrupted. News programs would not be interrupted because those writers are members of a different union. Netflix may be insulated from any immediate impact because of its global focus and access to far-flung production facilities outside of the U.S.

The strike cost the state an estimated $2.1 billion and tipped its already fragile economy into a recession, according to the Milken Institute think tank.

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