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Lionsgate Signs Deal With Writers

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Lionsgate Signs Deal With Writers

LOS ANGELES (AP) ― Lionsgate studio is the latest company to sign an interim deal with the striking Writers Guild of America.

The deal announced Thursday follows separate guild pacts with other independent production companies such as United Artists, The Weinstein Co. and David Letterman's Worldwide Pants.

The guild said the agreement confirms it is possible for writers to be compensated fairly and for companies to operate profitably. Lionsgate's new projects include Sylvester Stallone's "Rambo" sequel, "Saw 5" and the TV show "Mad Men."

The writers guild, on strike since Nov. 5, is in informal talks with studio bosses to reach a contract agreement and end the costly 11-week walkout that has idled much of the entertainment industry.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)