People Staff
February 13, 2008 AT 12:35 PM EST

After three months on the picket line, the Hollywood writers’ strike is officially over. Members of the Writers’ Guild of America voted to accept a deal with producers, who offered to give writers a piece of the profit from shows that air on the Internet and increased payments from films and programs downloaded online, reports.

The writers are expected to be back at their desks today, which means that the Feb. 24 presentation of the Oscars won’t suffer the same fate as the Golden Globes. “I am ecstatic that the 80th Academy Awards presentation can now proceed full steam ahead,” Sid Ganis, president of the Academy of Motion Picture Arts and Sciences, said in a statement.

The agreement also means good news for shows like Ugly Betty (ABC) that can’t generate new material without the scribes. In an interview with in January, Betty actress Ana Ortiz explained why she and América Ferrera would join the writers on the picket line. “We definitely support the writers 100%. They’re not asking for the moon. They’re asking for fairness,” she said.

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