It went beyond the deadline but the Writers Guild of America and the Alliance of Motion Picture and Television Producers came to terms on a new contract early Tuesday, defusing the threat of a strike crippling the film and television industry. The sides shook hands 90 minutes after the previous contract expiration deadline passed. The WGA had vowed to strike Tuesday if a deal was not in place. The guild's instant "pencils down" policy had meant that shows that work on a quick-turnaround — notably day-time soap operas and late-night talk programs like "The Tonight Show Starring Jimmy Fallon," "The Late Show with Stephen Colbert" and "Jimmy Kimmel Live" — would be out of topical material immediately. Read more http://www.nbcnews.com/news/us-news...ywood-studios-reach-deal-avoid-strike-n753746
