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This is a

This is CBS I on the world with John Bachelor. Here's John Bachelor.

Jeff Bliss is Pacific Watch.

There is very good news. Dear Sagra members, this is a letter to members of this very useful and powerful union, I belong.

We are thrilled, right Sagra. We are thrilled, right SAGAFTRA. We are thrilled and proud to tell you that

today your TV Theatrical Negotiating Committee voted unanimously to approve a tentative

agreement. As of 12.01 a tentative agreement.

As of 12.01 a.m. on November 9th,

our strike is officially suspended and all picket locations are closed.

Jeff, this is very good news for California, it's very good news for

New York. It's very good news for all the movie production out there that's been

halted for some time, celebration. Do you see fireworks in the street Jeff good evening to you

good evening John well certainly in Los Angeles and Hollywood there were fireworks

and sometimes literally people whiting out fireworks over this it was such a big deal. They've been out for so long and it

made, it was making such a dent in the economy. I think the LA area economy lost between

six and seven billion dollars.

You know, when we spoke before we were projecting around four or five billion.

...