October 30, 2007

End of Day Statement from AMPTP President Nick Counter:

Both sides worked on modifications to their proposals.  The Guild indicated that they were preparing a comprehensive package and would be ready to present it tomorrow.  The mediator scheduled the meeting for 10 a.m.

We are committed to a fair, reasonable and sensible agreement that is beneficial for everyone.  However, opportunities do not come without challenges.

We will not agree to any proposals that impose unreasonable restrictions and unjustified costs.  We will not ignore the challenges of today’s economic realities, the shifts in audience taste and viewing habits and the unpredictability of still-evolving technology.