"We have concluded a truly historic deal," Jon Avnet, the chair of the DGA's Negotiation Committee, said in a statement on Saturday. The Directors Guild represents more than 19,000 directors and members of the directorial team. The guild and the AMPTP began contract negotiations on May 10.

The Directors Guild of America said it has reached a 'historic deal' with the major studios on a new three-year film and TV contract.

The Directors Guild and the Alliance of Motion Picture and Television Producers struck a tentative agreement late Saturday for a new three-year contract, as per The Hollywood Reporter. The union and representatives from the top studios and streamers entered discussions amid significant industry tumult,

Guild says the new deal "made advances on wages, streaming residuals, safety, creative rights and diversity" as well as AI protections