Actors’ Equity and the Broadway League have reached an agreement to replace the lab contract, ending the strike that began 33 days ago.
The new agreement, announced Friday, includes a share in 1 percent of the profits for actors and stage managers who took part in a show’s development, as well as a salary increase. The agreement is broken into three tiers, which replace and effectively eliminate Equity’s former lab agreement and workshop agreement, while retaining some rules from the staged reading contract with the League. READ MORE