Financial Times FT.com

Hollywood stars accept new contract

By Matthew Garrahan in Los Angeles

Published: June 10 2009 04:14 | Last updated: June 10 2009 04:14

Fears over a possible strike by Hollywood actors eased on Tuesday when the 120,000 members of the Screen Actors Guild voted to accept a two-year employment contract from the biggest studios.

The year-long dispute has paralysed the film and television industry in Hollywood. With the threat of a strike looming, studios have been wary of pushing new films into production. But with a deal finally struck after protracted negotiations, the studios are likely to ramp up their production schedules.

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