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The backlog of movies and TV shows already filmed caused a subsequent months-long work slowdown "Most importantly, this extension locks down the right for SAG and AFTRA to negotiate all primetime dramatic programming together, giving the unions unprecedented leverage that we have not had since the advent of television," SAG President Melissa Gilbert said in a statement Then, studios rushed productions in anticipation of a strike, which never came Previously, SAG and AFTRA negotiated separately and often signed contracts with different levels of benefits, then competed against each other for who would represent actors on particular television shows Talks will begin in the fall on a new three-year agreement The extension was agreed to in order to avoid the kind of work slowdown that happened several years ago when negotiations went on past the contract expiration The agreement gives actors a 2 The most important gain is the right for both actors unions to negotiate jointly on all terms and conditions for primetime dramatic television production 5 percent salary hike and requires members of the Alliance of Motion Picture and Television Producers to increase contributions to the actors' health plans by a half percent If approved it would expire June 30, 2005 It still requires ratification by members of both unions The Screen Actors Guild and the American Federation of Television and Radio Artists agreed to extend the labor pact that was set to expire June 30 The pact also extends union coverage to performers who appear on programs shot using digital cameras on the UPN and WB networks Actors' Unions Approve Contract Extension Feb 18, 5:53 PM EST The two unions representing big screen and television actors have agreed to a one-year extension of their current contract with studios in a deal that would give actors raises and unions the right to jointly bargain 26 a share from $2 24, or 4 The company also said it expects third-quarter earnings of 16 cents a share on sales of $142 million 2 million, or 36 cents a share He had served as president since July 2000 20 said Thursday its profit surged 58 percent in its latest quarter, thanks to strong sales of video games such as the blockbuster "Grand Theft Auto: Vice City 28 a share on sales of $975 million 2 million That compares with $9 Last year's results included a charge of $1 7 percent, on heavy volume on the Nasdaq Stock Market 5 million for a lawsuit settlement and a gain of $32,000 from the sale of securities In late February, the company had raised its fiscal year estimate to $2 " Take-Two also had strong publishing revenue from its top-selling products at the Rockstar Games label, which publishes the "Grand Theft Auto" series Sales jumped 14 percent to $194 First Call's earnings projections are 16 cents for the third quarter and $2 2 million from $170 28 for 2003 Once again, Take-Two raised its forecast for the fiscal year ending Oct Take-Two Interactive Profit Leaps May 30, 8:08 AM EST Take-Two Interactive Software Inc The latest results exceeded the company's February outlook of 34 cents a share, as well as the mean estimate of 35 cents a share from analysts surveyed by Thomson First Call " The game developer also said its president, Paul Eibeler, won't return to the company after a medical leave of absence that began in early April 01 early Thursday afternoon, down $1 Take-Two added, however, that Eibeler will assist as needed "to ensure an orderly transition of his responsibilities The company now expects to earn about $2 Shares of New York-based Take-Two were at $25 "</ p> For the fiscal second quarter ended April 30, Take-Two reported net income of $15 The software maker said it benefited from investments it has made over the past year in building Jack of All Games into "the leading North American distributor of interactive entertainment software, hardware and accessories 31 6 million, or 25 cents a share, in the prior second quarter 3 million, topping Wall Street's forecast of $191 |
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