NASHVILLE (AP) - The Nashville Symphony has reached agreement with the Nashville Musicians Association on a new one-year labor contract.

The pact reduces the pay of the musicians by 15 percent and is effective immediately.

The ratification comes after months of negotiations between the cash-strapped symphony and its performers. The pay cut is similar to that in total compensation imposed earlier upon members of the symphony administrative staff.

Violinist and union steward Laura Ross said the musicians ratified the contract because they believe their community role is important.

Symphony President & CEO Alan Valentine said the organization is grateful for what he termed the musicians' "spirit of shared sacrifice."