Oscars boss says show will go on

In pictures: Oscar nominees' luncheon

Academy Awards president Sid Ganis has said there is "no doubt" the Oscars ceremony will take place despite the threat posed by the writers' strike.

He said that "things are looking very, very good now" for the 24 February gala amid reports of a breakthrough in negotiations to end the dispute.

Industry newspaper Variety reports the strike could end as early as next week as talks to hammer out a deal continue.

But it added that there was still work to be done on the agreement.

'Brightest light'

The Hollywood Reporter says that US television networks are preparing for the end of the dispute in a bid to put their strike-hit schedules back on track.

It will take most comedy and drama series four to six weeks to return to TV screens once industrial action is over.

Some dramas, including NBC's Heroes, could resume production during the summer and make a return at the beginning of the autumn.

The Golden Globes was reduced to a press conference due to the strike

There is a possibility that some networks will record as many shows as possible in case of a resumption of strike acitivity, the Hollywood Reporter added.

Mr Ganis, who was speaking at a luncheon to honour this year's Oscar nominees, said that the circumstances of the strike were "beyond our control", but the awards would go ahead.

"The Oscar exists to shine the brightest possible light on you and your work, and it would be such a terrible shame, through no fault of yours and no fault of ours, if the current conditions prevented us from shining that brightest possible light," he was quoted as saying in the Hollywood Reporter.

If an agreement meets with the approval of the Writers Guild of America (WGA), a vote to call off the strike - now in its fourth month - is likely to proceed.

The two sides made progress regarding internet and DVD payments for writers' work at the weekend, the Associated Press said.