By Benjamin Svetkey
Updated June 10, 2009 at 05:59 AM EDT

The Screen Actors Guild has approved a two-year contract with producers covering features and primetime TV shows, according to a SAG statement released to the media tonight. The vote concludes a bitter year-long power struggle between moderate and hardliners within the actor’s union, and ends the threat of a walk out, at least for now. Former SAG president Melissa Gilbert endorsed the deal, along with high-profile members like Tom Hanks, George Clooney, and Sally Field, according to Variety. But current president and hardline leader Alan Rosenberg vowed in the SAG statement to fight on. “The membership has spoken and has decided to work under the terms of this contract that many of us… believe to be devastatingly unsatisfactory. Tomorrow morning I will be contacting the elected leadership of the other talent unions with the hope of beginning a series of pre-negotiation summit meetings in preparations for 2011.” A statement from the Alliance of Motion Picture and Television Producers was much more upbeat about the deal, which was approved by 77 percent of the SAG members casting votes. “The ratification vote by SAG members is good news for the entertainment industry,” it reads.