Hollywood’s labor unions and producers will go back to the bargaining table Wednesday to try and hammer out a contract before the end of the year, sources said Monday.

The talks between the IATSE and the Alliance of Motion Picture & Television Producers stalled last week over issues of “golden time” and retroactive payments.

The next skedded bargaining session had been for Jan. 3, but union sources said both parties were eager to settle before the new year.

The AMPTP is reportedly willing to move on several of the issues, but details were sketchy on what AMPTP prexy Nicholas Counter might propose. “The only thing one would hope is that if they call us back to the table, they want to deal with that position,” said one union source. “Both sides anticipate some movement.”

The AMPTP has proposed a three-year pact with hikes of 3% each year. The union wants the first year’s wage increase retroactive to July 31, when the old contract lapsed. The IA is also looking to stipulate the “golden” or double time provision to kick in after 12 elapsed hours on the job, rather than 12 working hours on the job.

Last week, the producers said the IA could pick either of the provisions, but not both.

Sources from both camps have said at this point the issues are so specific that a settlement could be reached as early as Wednesday afternoon.

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