The sides did not release details of the new contract.

Union spokesman Bruce Cohen told NY1, "There won't be any interruption or possible interruption on Broadway through the five-year term of this contract."

Charlotte St. Martin, executive director of The League of American Theatres and Producers, Inc. stated Dec. 9, "We are pleased that Local One has ratified the contract. We wish everyone a happy holiday. Come and see a show this season!"

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Following the tentative agreement reached between the League and the union, League executive producer Charlotte St. Martin said on Nov. 28, "We are pleased to announce that we have a tentative agreement with Local One of IATSE ending the Broadway strike. . . . The agreement is a good compromise that serves our industry." According to reports, neither the union nor the League got exactly what it wanted. The producers were able to eliminate some long-standing work rules, decreasing the number of men needed for show load-ins, but other labor requirements were left in place. The stagehands, meanwhile, lost some jobs, but got a healthy pay raise, stretched over five years, in return. A few Broadway sages noted that, whatever the gains, the millions lost during the strike's three weeks will never be recovered.

The city estimated about $2 million a day in related business was lost during the strike.