As I write this, it's still a "potential" strike, but even playing the eternal optimist, I have to say things ain't looking good. Here are a couple places I go to keep up with the latest:
http://unitedhollywood.com/ This is a blog formed by WGA strike captains, I believe, to discuss the latest state of the state.
http://newsfromme.com Mark Evanier's site, where he has been doing a running commentary on the situation from the perspective who someone who was intimately involved in the 1985/'88 negotiations and strike.
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