Senate Majority Leader Harry Reid (D-Nev.) says he plans to move forward with anti-piracy legislation, but, like the White House, he's also looking for compromise.

On "Meet the Press," Reid told NBC's David Gregory, "This bill was reported out of committee unanimously in May, Democrats and Republicans. In recent weeks, organizations like Google and Facebook and others have said there are some problems this could create, and I think they're right. It could create some problems."

He said that he has talked with Senate Judiciary Committee chairman Patrick Leahy (D-Vt.), a key sponsor of the bill, and has written to the committee's ranking member, Sen. Chuck Grassley (R-Iowa), another co-sponsor, expressing concerns but also the view that "we need to have this a winner for everyone. Not just for the content people."

Reid noted that Sen. Dianne Feinstein (D-Calif.) is in the "eye of the storm," as she represents two centers of industry that are pitted against each other: Hollywood and Silicon Valley.

"We need to work on this," Reid said of the legislation. "I would hope that we would have a managers' amendment when we get back here in a week or 10 days. It is important that we do this on a fair basis and I am going to do everything I can to get that done."

Reid has scheduled a Jan. 24 cloture vote on the Senate version of the bill. But even before the White House announced criticisms of the bill on Saturday, Leahy had indicated that he was open to major changes, including studying one of the most controversial provisions to block domain names of sites that traffic in infringing content.

Just the fact that the legislation came up on "Meet the Press" is indication of how polarizing the issue has become.

The full interview is below.

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