Contract Talks 2001
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Labor: The notoriously contentious union is scrambling to replace its president and top operating executive.
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Labor: Tentative pact boosts payments for cable reruns and pay for mid-income artists.
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Although Hollywood averted actor and writer strikes this year, maintaining labor peace will only get harder amid rapidly changing technologies, huge media mergers and shrinking film and TV profits.
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Labor: But negotiations on new pact with studios could continue if no agreement is reached by midnight.
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Labor: The two sides remain divided over issues including cable residuals, minimum payments and foreign markets, sources say.
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For Hollywood’s middle class, between big stars and wannabes, life is one break away from fame and one cut scene away from shame.
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Pact: Turning point came when both sides signaled they had no issues deemed worthy of a strike.
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Labor: Strike fears have eased, but actors will push to improve pay for middle-class performers.
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Barring a last-minute glitch, Hollywood studios and writers are expected to sign off on a new three-year contract today that would head off a potentially disastrous strike, according to sources close to both parties.
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Hollywood: Progress is reported as negotiations continue past the 12:01 a.m. deadline. Deal would avert a costly strike in film and TV industry.
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As Hollywood holds its breath over the possibility of a writers strike, ongoing internal struggles within the writers and actors guilds and at the studios are making this year’s negotiations the most complex ever.
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Labor: City-funded report says a prolonged Hollywood walkout also could mean loss of 81,900 jobs and plunge city and county into recession.
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Labor: Head of Teamsters local says members might keep working if writers walk out in their contract dispute with studios. But some hopeful signs are emerging as talks resume today.
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Politicians: Both writers and studios are surprised, but not upset, by Riordan’s efforts to avert a shutdown of production, which he fears would damage the city’s economy.
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Economy: Drumbeat of bad news deepens fears about stalled talks. Uncertainty and layoffs pressure both sides.