He also said there had been agreement that the networks could take a percentage of the syndication profits generated by programs they produce.

Hollywood's Argument Hollywood is loath to share syndication profits with the networks.

As a result, they feel entitled to a portion of the syndication profits.

Mr. Seinfeld, whose salary as star was already $1 million an episode, has a significant stake in syndication profits.

Federal regulations prohibit the networks from sharing in the syndication profits.

If Fox were declared a network, it would lose those syndication profits.

Those three comedies could eventually take in more than $500 million in syndication profits.

The broadcast networks have been fighting the Hollywood studios to gain a right to share in syndication profits.

The company has also been in the forefront of a movement by independent producers to block the networks from winning concessions on syndication profits.

Most of his company's income is derived from syndication profits for series that previously played on the networks.