The Writers Guild of America, with more than 9,000 members, is expected to go on strike for the first time in 15 years.
It is stated that the said strike may cause the cancellation of programs that started late and the postponement of future films and programs.
The 100-day strike organized by the authors in 2007 cost nearly $2 billion.
According to The Hollywood Reporter, the Writers Guild of America had told its members to be ready to strike if a new deal could not be reached by Monday’s deadline.
One of the union’s members, Alex O’Keefe, told the BBC that half of the writers were paid the minimum wage by the studios.