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Writers of the world, unite! You have nothing to lose but your residuals. A writers' strike in Hollywood looks increasingly likely after eleventh-hour talks fall apart and the deadline -- midnight November 1 -- passes. "If a strike occurs, it would probably happen within a week and possibly as early as Friday, according to people close the guild.The writers' previous strike, in 1988, lasted 22 weeks and cost the industry an estimated $500 million." By the way, hope you like reality tv. "If history is any guide, late night television would see the most immediate impact. Dave Letterman and Jay Leno, whose monologues depend on union writers, would go dark, as would Saturday Night Live, The Daily Show, and The Colbert Report." Update: The strike begins Monday at midnight.