SIGH OF RELIEF — The show, at last, will go on, with Hollywood writers and studios hammering out a tentative deal on a new contract on Sunday after a 146-day long strike. The agreement still has to be approved by the Writers’ Guild of America’s board and members, but that could happen as soon as this week.

And while the full details of the contract remain unclear, the WGA negotiating committee is confident they came out with a win, telling members, “we can say, with great pride, that this deal is exceptional.”

The breakthrough will help a big chunk of the industry get back to work immediately, and also paves the way for the actors’ union to resolve their own labor standoff.

The end of the strike — which had major implications beyond the entertainment industry while it was going on — also has California’s major political players breathing a big sigh of relief. Aside from the economic impact of the work stoppage, the strike’s impact radiated throughout state politics, putting pressure on some of California’s best-known elected officials to take sides — or not take sides — and reducing the flow of campaign dollars to state and national candidates.

For California Governor Gavin Newsom, the strike was a major headache.

Anything that takes a multi-billion dollar chunk out of the state’s economy is a problem for the governor. And it’s especially hard when the fight is between your friends — Newsom’s painstakingly neutral public posture on the negotiations were a stark contrast from his unequivocal support for strikers outside his state, like the United Auto Workers.

The de-escalation in Hollywood could also cool off some pressure for him to sign a bill giving unemployment insurance to striking workers. Newsom…