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Why SAG-AFTRA’s Streaming Revenue Sharing Proposal for Casts Was Flatly Rejected by AMPTP
(www.hollywoodreporter.com)
this post was submitted on 25 Jul 2023
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“According to the group, the proposal gives performers their usual fixed residuals for streaming projects “also a new residual which ‘shares’ in revenue that is somehow attributed to the show.” The group added, “the Union proposes to ‘share’ in success, but not in failure. That is not sharing.” (Of course, before streaming entertainment arrived, actors did share in success but did not in failure — if a project was a hit and re-used or re-run, those performers were compensated with residuals beyond their upfront payments, but were not penalized if the project did poorly.”
This is the biggest sticking point apparently. The union seems to be asking for the same protection actors have historically had against failures. I don’t see a good reason in this article why they should be forced to share in failure when that has never been the case. The studio is, shockingly, just being greedy.