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NEWS & NOTES : CAN STARS OF NBC'S `SEINFELD' BE LURED BY GE STOCK OPTIONS?


Byline: Daily News Wire Services

NBC NBC
 in full National Broadcasting Co.

Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network.
 has yet to ink deals with the cast of ``Seinfeld'' for another season, and it looks like it may take some creative accounting for the network to do so.

Series stars Jerry Seinfeld This article is about the comedian. For the character, see Jerry Seinfeld (character).

Jerry Seinfeld (born Jerome Seinfeld on April 29, 1954 in New York City, New York) is a Golden Globe- and Emmy Award-winning American comedian, actor and writer.
, Julia Louis-Dreyfus This article is about the American actress. For the French actress, see Julie Dreyfus.

Julia Scarlett Elizabeth Louis-Dreyfus[1] (born January 13, 1961) is an Emmy, Golden Globe, and SAG Award-winning American actress and comedian who gained
, Jason Alexander and Michael Richards

For other people named Michael Richard, see Michael Richard (disambiguation).
Michael Richard (born 1948 — died August 28, 2006) was a professional rock musician and amateur photographer.
 have all indicated their willingness to return. But step two is signing actual contracts, and with the supporting players Noun 1. supporting players - a cast other than the principals
ensemble

cast, cast of characters, dramatis personae - the actors in a play
 seeking huge raises, that is something that has given NBC reason to pause. The problem is how to sign this must-see group without setting a precedent of generosity of the level that NBC and all other networks and producers have nightmares about.

Seinfeld reportedly will get $1 million an episode if there's another season. The supporting players? They also want $1 million an episode - up from their current $150,000 per - in salary and other incentives to make up for their not sharing in the syndication revenue. Of the performers, only Seinfeld, who is also an executive producer, has earned money from the syndication sales. Lots of money. His portion is said to be $40 million so far.

What has been proposed, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the trade paper Daily Variety, is a deal for another year that would give Seinfeld a sizable portion of General Electric stock options (GE owns NBC), which he could then distribute to the other staffers. In distributing the extra money in that way, NBC would skirt paying the huge salaries directly to the cast members and perhaps reduce the backlash from stars of other programs.

An NBC spokeswoman declined to comment on the Daily Variety report, saying the negotiations are confidential.

It's `Party' time: Finally, for the first time in its short life, Fox's ``Party of Five'' isn't on the endangered list.

Fox announced that the program will return next season with 22 new episodes.

The renewal, which comes two months before Fox unveils its fall slate, ends months of speculation about the future of the highly praised but ratings-challenged show.

``Party'' revolves around five orphans who work to keep the family together following the deaths of their parents in a car crash. It stars Matthew Fox Matthew Fox may be:
  • Matthew Fox (priest) (born 1940) Catholic & Episcopal priest and author
  • Matthew Fox (actor) (born 1966) American actor
  • Matthew Fox (engineer) (born 1974) American engineer
, Scott Wolf Scott Richard Wolf (born June 4, 1968) is an American actor.

Born in Boston, Massachusetts to Steven Wolf and Susan Enowitch, Wolf was raised in West Orange, New Jersey. He graduated in 1986 from West Orange High School.
, Neve Campbell, Lacey Chabert and Jennifer Love Hewitt.

While a favorite of critics, ``Party of Five'' has struggled in the Nielsen department since launching three seasons ago. Struggled, that is, until recently.

Thanks to a highly charged story line, played out during the February sweeps, ``Party'' chalked up its highest ratings ever. Bailey (Wolf) battled the bottle. It was also revealed that when the parents were killed, the father was a recovering alcoholic and the driver of the other car in the accident was drunk.

The show is now being watched by an estimated 8.8 million viewers each week.
COPYRIGHT 1997 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:L.A. LIFE
Publication:Daily News (Los Angeles, CA)
Date:Mar 12, 1997
Words:458
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