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The Writers Guild has just issued a press release announcing that they've finally reached an agreement for a new, three-year, $58 million contract with the networks and studios. (By contrast, Kobe Bryant got seven years and a reported $136 million to stay with the Lakers. Sure, it's comparing apples and oranges, but WGA West president Dan Petrie Jr. might have squeezed out extra cash if he made it clear in negotiations that he's not staring embarrassing jail time in the face.)

Taking a quick glance at the press release, it looks like the writers saved their health plan but will continue to get bent over the metaphorical log on DVD residuals. Hey, some continued home video buggering is better than a strike, right?