Unions agree to 6 month commercial contract extension

SAG, AFTRA  and the U.S. advertising industry said Monday they agreed to extend a contract covering commercials on TV, radio, the Internet and other new media by six months through March.

The extension gives the Screen Actors Guild extra time to finished stalled talks with Hollywood studios over a contract covering prime-time TV shows and movies that expired in June. Actors continue to work under the terms of the old deal.