New York City, July 5, 2024 — After months of tense negotiations, the Broadway League and the Actors’ Equity Association announced an agreement that ends the ongoing strike that had shut down theaters since April. The deal secures improved wages, benefits, and working conditions for performers and stage managers, bringing the curtain back up on the city’s beloved theater district.
The new contract includes a 15% pay raise over three years and guarantees affordable healthcare for union members. “This agreement reflects our respect for the artists who bring Broadway to life,” said Broadway League President Charlotte St. Clair. “It’s time to bring the magic back to the stage.”
Union members celebrated the victory with a rally in Times Square, thanking fans for their support during the work stoppage. Many Broadway enthusiasts were thrilled by the news, as several highly anticipated shows—including the revival of Phantom of the Opera—announced immediate reopening dates.
Tourism officials anticipate the return of Broadway will provide a much-needed boost to the local economy, as theaters generate billions annually. Meanwhile, union leaders vowed to continue advocating for better industry-wide standards.