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6 million in severance payments to Leung and former chief executive Henry C Gemstar-TV Guide Names Brian Urban CFO May 13, 12:18 PM EST Gemstar-TV Guide International Inc said Tuesday it named Brian D 1 percent, to $4 Last week, a federal judge ordered Gemstar to continue to withhold $37 Urban succeeds Paul Haggerty, who has been the company's acting chief financial officer since November, when Elsie Ma Leung resigned as CFO Urban previously held various senior financial roles at Unilab Corp , where he was most recently executive vice-president, CFO and treasurer Urban will join the company on July 1, and will be based in Los Angeles Gemstar said Haggerty will return to his role as executive vice-president of finance at News Corp The company is the subject of a Securities and Exchange Commission investigation into its accounting practices Urban as chief financial officer Gemstar, with 2002 revenue of $1 billion, makes and licenses the VCR Plus+ system, which lets users record TV programs using a code It also publishes TV Guide magazines 21 on the Nasdaq Stock Market Yuen In midday trading, shares of Gemstar-TV Guide fell 9 cents, or 2 org American Federation of Musicians: http://www Monday, as producers and musicians sought a resolution to a work stoppage that has closed 18 of 19 Broadway musicals org afm That figure is set by the size of the theater, with the largest houses currently requiring 24 to 26 musicians The dispute was over minimums, how many musicians are required for a Broadway orchestra But union members insisted they were trying to negotiate in good faith Negotiators had no immediate comment on terms of the deal The battle was being waged on already shaky economic ground, said Jonathan Tisch, chairman of the city's agency for tourism, which employs about 300,000 people in New York 8 million over the weekend Broadway's total economic contribution to the city is estimated at more than $4 billion yearly, tourism and theater officials say They raised that on Friday to 15 for the biggest theaters, but the musicians' union refused the proposal â€â€?â€â€?â€â€? On the Net: League of American Theatres and Producers: http://www broadway Francis College and a former city schools chancellor Musicians, Producers Said to Reach Deal Mar 11, 8:49 AM EST Broadway show producers and musicians have reached a tentative agreement to end a strike that shut down 18 musicals since last week, a source close to the negotiations said Tuesday m In lost box office revenue alone, they said, canceling the musicals cost $4 The League of American Theatres and Producers said before the talks that it was "prepared to negotiate night and day to achieve a fair and equitable settlement so we can get on with the show " The strike began on Friday after talks between the league and Local 802 of the American Federation of Musicians broke down The negotiations were mediated by Frank Macchiarola, president of St The producers initially demanded no minimums, then offered seven He warned of "significant job losses" if the strike is not resolved Restaurants, hotels, taxis and others who depend on theatergoers lost more than $7 million over the weekend, and their losses could snowball to $50 million in a week if the strike goes unresolved, according to the city tourism agency and the theater producers The two sides, which bargained for nearly 12 hours through the night at the mayoral mansion, were to make a joint announcement later Tuesday morning with Mayor Michael Bloomberg The negotiations began around 9 p |
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