Hollywood actors and studios extend labor talks again
LOS ANGELES (Reuters) - The Screen Actors Society and major Hollywood studios said on Friday they had agreed to continue their contract negotiation again, this time on a day by day base, with the aim of closure a deal by next Tues.
The announcement, coming as the parties neared a previous self-imposed deadline, revived hopes they could stave off renewed labor unrest in an entertainment diligence still recovering from a 100-day screenwriters strike that ended in February.
The current three-year Sag contract natural covering 120,000 pic and TV actors expires on June 30. But the trade union is under strong atmospheric pressure to get to an early settlement in parliamentary procedure to dispel strike heebie-jeebies that persist in to disrupt the plastic film industry.
At midday, however, the 2 sides issued a brief notification locution they would "extend their negotiations on a day-to-day basis" through next Tuesday at 5:00 p.m. PDT (8:00 p.m. EDT), with a day off on Sunday.
Thither was no farther comment from either party. But sources familiar with the course of action of negotiations said Sag down had scaled back a number of demands considered major stumbling blocks.
In i such concession, they said, the union was at present seeking what would in effect be a 15 per centum increment in residual payments actors gain from DVDs, rather than a double of the Videodisk residual rate.
Impinging writers were forced to give up demands for higher Videodisc residuals in all in arrival their sign deal with studios more than iI months ago.
