The union would like performers “to share in the rewards of a successful show, without bearing any of the risk,” the group that lobbies for studios says.
“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.
Isn’t this one of the rumors Things negotiated during contracts? Like, I’ll take 2 mill upfront, but no residuals, or 200k plus a really good residual.
It’s a risk for the actor and studio. Pay more now or later potentially if it is actually good.
