New York -- Actors' Equity Association, the national union representing more than 51,000 professional actors and stage managers working in live theatre, has released the following statement from Executive Director Al Vincent, Jr., lead negotiator in the union's negotiations with The Broadway League for a new Production Contract:

"After a marathon mediation session lasting until 6 a.m., Equity and The Broadway League have reached a tentative agreement on the Production Contract. This three-year agreement saves the Equity-League Health Fund while also making strides in our other priorities including scheduling and physical therapy access. Now we will bring the deal to our members for ratification, and in the meantime, we are putting our full support behind AFM Local 802 as they work with the League to reach a deal that averts a strike."

ACTORS' EQUITY ASSOCIATION, founded in 1913, is the U.S. labor union that represents more than 51,000 professional actors and stage managers. Equity endeavors to advance the careers of its members by negotiating wages, improving working conditions and providing a wide range of benefits (health and pension included). Member: AFL-CIO, FIA. www.actorsequity.org #EquityWorks