A new TV commercials contract has been approved by the SAG-AFTRA national board of directors and will now go to the union’s members for ratification. The contract generates about $1.1 billion annually for actors, extras and voice-over artists.

The unanimously approved contract affects new television, audio and digital commercials contracts, with details forthcoming. Negotiations began on February 16 and concluded April 3 when a tentative deal was reached.

“This contract speaks to the livelihood of members today – and in the future,” said Newly-elected SAG-AFTRA President Gabrielle Carteris in a statement. “We look forward to presenting the agreement to the membership for ratification.”

“I congratulate the board on the approval of this agreement. Our negotiating committee, led by President Carteris and Co-Chair Sue-Anne Morrow, faced very tough issues and, working together,” SAG-AFTRA National Executive Director and Chief Negotiator David White said, “secured an excellent and forward-looking deal for our membership.”

SAG-AFTRA was represented by SAG-AFTRA President and Negotiating Committee Co-Chair Gabrielle Carteris, Co-Chair Sue-Anne Morrow, Chief Negotiator David White, Co-Lead Negotiators Ray Rodriguez and Mathis Dunn and Senior Advisor John McGuire.