Advertising Industry & Musicians Settle Labor Negotiations.

The Joint Policy Committee on Talent Union Relations (JPC) of the Association of National Advertisers and the American Association of Advertising Agencies announced today that it has reached agreement on a new three-year collective bargaining agreement with the American Federation of Musicians (AFM) covering the production of music tracks in the nation’s Television and Radio Commercials. The JPC is the advertising industry’s bargaining arm in labor negotiations with various talent unions. The former AFM labor contract expired on Tuesday, October 16, 2001. The new agreement, which is subject to ratification by the AFM membership, is retroactive to Wednesday, October 17, 2001 and extends to October 16, 2004.