The thinking is they will resume negotiations on Tuesday, the 117thday of the strike.

However, at this late hour, no definite time has been set yet.

Still, all seem aware of whats at stake for the industry as a whole, were told.

SAG-AFTRA, AMPTP

SAG-AFTRA, AMPTPGetty

Theres still some serious daylight between us, at least as of right now, the insider added.

We will keep you informed as events unfold.

As Deadline reported, the parties are scheduling new negotiations which could begin as soon as this evening.

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David Zaslav, Ted Sarandos, Donna Langley & Bob IgerGetty

The two sides are hoping to speak virtually later today and perhaps into the night, we hear.

Everybody knows where everybody stands, a studio insider told Deadline this afternoon.

Now, its about bringing it home, if we can, he added with some optimism.

Perhaps the crown jewel in the studios package is what have been called full AI protections.

If execs thought that was going to get them across the line by now, clearly they were disappointed.

Youll remember that its tricky for TV and feature productions to shoot, even thoughthe writers strike has ended.

It doesnt matter where Hollywood is shooting; the guild will keep them in check.