Broadway actors and stage managers are set to get a pay boost as part of a new three-year contract between Actors’ Equity Association and the Broadway League.
After weeks of tense negotiations and the threat of a strike, both sides reached a tentative deal on October 18.
Equity members now have until October 30 to vote on whether to approve it.
The agreement includes a 3% annual salary increase for Broadway performers. The current minimum of $2,638 per week would rise to $2,717, with further increases each year.
Swings, the hardworking performers who cover multiple roles, will receive an extra 6% on top of their base pay.
Health insurance contributions from producers will also go up, with more increases baked into each year of the contract.
This news comes as Broadway continues a strong season, with both long-running hits like Hamilton and Wicked together with new musicals like Death Becomes Her and Just In Time pulling in huge box office hauls.
The recent return of Leslie Odoom Jr to Hamilton saw the show take in over $4 million over eight performances, the highest grossing week since 2018.
That said, other shows have been struggling.
A recent report in the NY Times revealed that to date just three musicals – MJ, Six and & Juliet – have recouped their investments since the pandemic.
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