WHERE WE STAND ...

End of Day Statement from AMPTP President Nick Counter:

We presented a Comprehensive Proposal, prepared with the recognition that with only a week remaining on the term of our current contract, it is incumbent on each party to find the common ground which will result in an agreement.

The proposal lays the groundwork and provides a framework for an agreement.

The Comprehensive Proposal establishes the boundaries for a possible agreement, but it is flexible enough to allow both parties to come up with solutions as to the remaining issues.  The Comprehensive Proposal includes numerous modifications and withdrawals of the Producers’ proposals and suggestions for narrowing the issues. 

The goal is to reach an agreement by Oct. 31.