Optimism emerges among Hollywood writers over talks with studios

After three months of walking the picket lines, striking Hollywood writers expressed optimism on Wednesday about the reopening of contract talks with major studios and the possibility they could be back at work in weeks.

Details of the latest proposal from the Alliance of Motion Picture and Television Producers (AMPTP), the trade group representing Walt Disney (DIS.N), Netflix (NFLX.O) and other major studios and streamers, remain shrouded in secrecy. Still, members of the Writers Guild of America see reason for hope.

"I'm feeling cautiously optimistic. I was here for the 2007-8 strike and talking can go very slowly, talking can break down or talking, if they come with a real deal, can go pretty quickly," "Flashpoint" writer Pam Davis told Reuters outside Amazon Studios in Culver City.