Actors, Producers Reach Three-year Contract Deal

Negotiators for Hollywood's actors tentatively agreed to a new three-year contract Jan. 20 with the Alliance of Motion Picture and Television Producers, a sweeping $200 million package that was said t

(The Hollywood Reporter) -- Negotiators for Hollywood's actors tentatively agreed to a new three-year contract Jan. 20 with the Alliance of Motion Picture and Television Producers, a sweeping $200 million package that was said to be the richest in the unions' history.

The deal, jointly negotiated by the Screen Actors Guild and the American Federation of Television and Radio Artists, made across-the-board gains for all categories of actors, including better residuals for those on UPN, the WB Network as well as pay TV networks.

It also averts the production disruptions that would have gone into effect in about two weeks had the studios lacked assurance that actors would be available after the current agreement was set to expire June 30.

The deal was revealed at about 10:20 p.m. at the Encino headquarters of the AMPTP, which bargains on behalf of the major studios and networks. The two sides had resumed negotiations on Jan. 19 after one of two breaks since the talks began on Dec. 6.

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