AFM Local 802, the union representing Broadway musicians, has released a statement from Local 802 President Bob Suttmann, noting that they are prepared to strike immediately if a new contract isn't reached by Thursday.

Broadway musicians’ union AFM Local 802 has reached a tentative agreement with the Broadway League, averting a potential strike. AFM Local 802 has announced reaching a tentative agreement with the Broadway League and Disney Theater Productions.

In an open letter to The Broadway League, shared Oct. 1, Local 802 AFM called for a guarantee of "fair wages that reflect Broadway's success," "stable health coverage," "no change to attendance requirement," "employment and income security," and preservation of "in-house contractors."

If Broadway musicians do go on strike on Thursday, Oct. 23, many musicals will be affected. AFM Local 802 shared a list on its website of the shows and the theaters.

Negotiations continue as two of Broadway's biggest unions, Actors' Equity Association and Local 802 AFM (Broadway musicians) work toward new working contracts with the Broadway League.