NEW YORK, NEW YORK — The International Alliance of Theatrical Stage Employees (IATSE) and the Association of Independent Commercial Producers (AICP) concluded negotiations in New York on Tuesday for a new 3 year collective bargaining agreement covering below the line technicians and artists who create commercials.

The parties agreed to early negotiations in order to promote stability and give both sides an opportunity to plan and budget past the current expiration date of September 30, 2013.

IATSE President Matthew Loeb commented, “We recognized the value of early negotiations when both sides are willing to address the important issues and provide stability to the members of the IA and the commercial producers.”

The details of the pact have not been released. Issues that the parties dealt with include wages and benefits, training, safety, overtime, long work days as well as non-traditional commercials and low budget commercials.

“The industry is changing and it is important that as we see new opportunities that come with new challenges, we can work with the skilled crew base we have always relied on in new and progressive ways,” said Matt Miller, President and CEO of AICP. “Our open and frank discussions centered around this theme.”