Writers Guild and Producers to Resume Negotiations
MICHAEL OKWU, CNN CORRESPONDENT: Sorkin's fellow writers were in talks all night trying to negotiate a new contract with producers. A midnight deadline looms. Sherri Sylvester is standing by outside the Writers Guild headquarters in Hollywood with the latest. Hi, Sherri.</s>SHERRI SYLVESTER, CNN CORRESPONDENT: Hi, Michael, and talks will resume in just over an hour. A walk out by Hollywood writers would affect the industry, it would affect your viewers. It would affect daytime soaps and late-night talk first, and study says the economic impact to the industry would be $6.9 billion. There the is a news blackout at this hour, but L.A. Mayor Richard Riordan says he is hopeful for a settlement.</s>MAYOR RICHARD RIORDAN, LOS ANGELES: I am very optimistic that we're not going to have a strike. The chief negotiators, Nick Counter and John Wells, called me yesterday. they seemed upbeat. I think that they love our city. They don't want to see the kind of recession that a strike would cause happen to Los Angeles.</s>SYLVESTER: And Michael, Hollywood has been playing beat the clock for some time now, with many stars making back-to-back projects in order to beat that strike deadline.</s>OKWU: Now, Sherri, on a different note, you recently had a task I volunteered for, talking to Liv Tyler about her new movie.</s>SYLVESTER: Yes, and we even a little strike angle on Liv Tyler. She just completed a trilogy, the "Lord of the Rings" trilogy. They were trying to beat the strike. They made three films back-to-back- to-back. She also has "One Night at McCool's." So, I talked to Liv recently about her current and future projects.</s>SYLVESTER: In "One Night at McCool's," you are the fantasy of three different men: Matt Dillon, Paul Reiser and John Goodman.</s>LIV TYLER, ACTRESS: Matt Dillon's character kind of sees me in the most normal way... (</s>BEGIN VIDEO CLIP,  "ONE NIGHT AT MCCOOL'S") MATT DILLON, ACTOR: Do you like water?</s>TYLER: It's actually my second favorite thing in the world.</s>TYLER: And John Goodman's characters sees me -- I'm always wearing pretty, virginal, covered up, like pink and lilac and flowers in my hair. Paul Reiser sees me in this totally opposite extreme of really, really sexy stuff...</s>SYLVESTER: Kind of dominatrix, leather.</s>TYLER: You're wearing leather. (</s>BEGIN VIDEO CLIP, "ONE NIGHT AT MCCOOL'S") TYLER: Say it. Say it.</s>PAUL REISER, ACTOR: I will give you legal advice.</s>TYLER: Say it.</s>SYLVESTER: You have to make love with these guys...</s>TYLER: Whip them.</s>SYLVESTER: And whip them. Which was, I guess, the most comfortable scene for you to do and which felt the most awkward?</s>TYLER: The most comfortable was just spooning in bed with John Goodman, because he's so sweet and we were just laying under the covers.</s>SYLVESTER: But the one with Paul Reiser is so campy that you have to just look at each other and laugh. I mean, you're two adults in leather.</s>TYLER: Well, I was also really scared, because I just didn't -- imagine if you were put into that outfit and this is the scene and you had to show up and perform. I had no idea what I was going to do, and I just went into the room and I was like, whoo! And I just did it. We did it in like one take. (</s>BEGIN VIDEO CLIP, "ONE NIGHT AT MCCOOL'S") TYLER: You need some legal advice. Say it. Say it.</s>TYLER: I was like, can we do it again? I kind of liked it. I think I hurt Paul once, too. I whipped him a little too hard.</s>SYLVESTER: We were talking before we began the interview about the Clinique. You're going to have your own lipstick that is connected to the film?</s>TYLER: In the film, Jewel is a Clinique salesgirl in the cosmetic section of the department store and they came to me and wanted to do this lipstick especially for the film and then I could donate that to a charity of my choice. So, it's a really nice thing. But I can't believe there's a lipstick named after me.</s>SYLVESTER: And what color is it?</s>TYLER: Well, I wanted to be like the character, so it's bright, scarlet red. It's like as red as it comes.</s>SYLVESTER: Tell me a little bit about "Lord of the Rings."</s>TYLER: I play Arwen, and I'm an elf, and the elves are these amazing, magical otherworldly beings, and we're all very, very tall and the most weird thing is they have little, tiny, pointed ears, but they're not dramatic in any way, and most of the elves are blond, and I'm a dark beauty, they call me in the book.</s>SYLVESTER: Good luck with it.</s>TYLER: Thank you very much.</s>SYLVESTER: Thank you, very much.</s>SYLVESTER: And Liv Tyler may be one of many stars who may have a very long summer vacation. I'm Sherri Sylvester, live at the Writers Guild of America. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com