The Screen Actors Guild announced the end of the strike

118 days after the strike began, the US actors' guild SAG-AFTRA and movie studios have reached a tentative agreement on a new three-year contract.

The agreements reached are described as "exceptional": it is reported that the parties were able to agree on significant pay increases and bonuses, as well as radical measures to protect actors' looks and voices from the use of AI.

SAG-AFTRA ended the strike before the vote was finalized and the tentative agreement signed, so actors can return to work now. Deadline reports that production on many projects — like the third "Deadpool" and the second "Gladiator" — will begin in the next week.

The last six months of strikes by writers and actors in Hollywood have cost the Southern California economy more than $6.5 billion and 45,000 jobs in the entertainment industry.