SAG Members Overwhelmingly Approve Live-Action Basic Cable Movie Agreement

Deal includes 3% hike this year and additional pension contributions

Screen Actors Guild members have approved a two-year agreement covering actors in live-action basic cable movies.

The vote was 93.71% approve to 6.29% disapprove.

The deal, retroactive to June 10, includes a 3% pay hike this year and a 3.5% hike on June 10, 2010 as well as additional pension contributions. "The members have spoken and I am pleased that they had an opportunity to have their voices heard," said guild President Alan Rosenberg in a statement.

The board voted overwhelmingly to approve the agreement last month.