HOLLYWOOD WRITERS, PRODUCERS REACH LABOR AGREEMENT

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(May 4, 2001) -- The Writers Guild of America and Hollywood studios have tenatively agreed to a new three-year labor contract that would avert a strike on TV and film production. Electronic Media reports that after four days of marathon talks, the writers union won a 3.5% increase in minimum pay scales for TV and film production in addition to increased domestic and foreign residuals. But another strike waits in the wings, as actors' contracts with producers expire June 30. -- Wayne Friedman

Copyright May 2001, Crain Communications Inc.

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