The Screen Actors Guild and the Alliance of Motion Picture & Television Producers announced Friday they would extend their contract talks through Tuesday.

In a released joint statement, the union and the producers said they "have agreed to extend their negotiations on a day-to-day basis, excluding Sunday, through Tuesday, May 6, at 5 p.m. We have no further comment."

The two sides have held formal talks regarding SAG’s contract since April 15. The contract is to expire on June 30.

For about three weeks, SAG and the studios tried to negotiate a contract that would earn actors a larger share of revenue from Internet publicity.

After requesting that the actors are paid double residuals from DVD sales, SAG changed its request, asking for only a 15 percent increase in the actors’ share of DVD sales. The studios have so far declined to change the usual DVD formula, which has been used for several decades.

SAG gave up other demands, such as the 80 percent increase in payment for so-called-stand-in actors and a 50 percent increase for guest stars.

Concessions of this kind have helped the negotiations progress, but, according to the Los Angeles Times, people close to the situation said the sides still disagreed on a number of significant issues. For example, they are arguing over how much the actors should be paid when their shows are streamed on the Internet.

Both the studios and SAG are doing their best to avoid another strike similar the 100 walk-out by writers that ended in February and from which Hollywood is still recovering. SAG is currently representing 120,000 actors who perform in movies and prime-time comedies and dramas.