Unions, Ad Groups Agree to Extend Contract

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NEW YORK The Screen Actors Guild and the American Federation of Television and Radio Artists have agreed to another six-month extension of their commercials contract with two ad industry groups, the American Association of Advertising Agencies and the Association of National Advertisers.

The latest add-on follows a previous two-year extension to an October 2006 deal that was set to expire Oct. 29. The first extension was made to give time for a study on online compensation that was conducted by Booz Allen Hamilton.

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