TV season basically signed off after four studios cancel contracts with writers

Four of the biggest studios in Hollywood have cancelled their contracts with striking writers, effectively sinking any hopes of salvaging this TV season, reports the Los Angeles Times. 20th Century Fox Television, CBS Paramount Network Television, NBC Universal and Warner Bros. Television have terminated their development agreements, the Times reported. There has been a landslide of cancelled writer's Guild agreements since Friday -- 65 studios in all. And the Times quoted one studio exec as saying if the strike continues into February, many more cuts would be coming. Let's hope someone gets sense before then.