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Profit sharing minus investment equals residuals. So I was saying they already have profit sharing without investment. I guess I could have explained that in
by ars 3y ago
Profit sharing minus investment equals residuals.
So I was saying they already have profit sharing without investment.
I guess I could have explained that in a simpler way.
- triceratops 3y agoResiduals apply to works that already exist. Profit sharing is from future works. That's the difference. Is that fair? It doesn't need to be. Studios don't try for fair - they get as much as possibly can. So should the actors and all of the other workers.
- ars 3y agoIf that's what you want, then invest. What makes some actor who showed up for 1 day on a film worthy of getting income from future works? What about the guy who made breakfast for them? How about the electrical who installed the light bulbs? The whole concept of residuals is just a way to spread out payments and share risk - instead of everything being upfront, the money is given out later, and only if the work performs well.
- triceratops 3y ago> What makes some actor who showed up for 1 day on a film worthy of getting income from future works? What about the guy who made breakfast for them? How about the electrical who installed the light bulbs? Contracts. It's not about fairness. It's about what you can negotiate. If the electricians' union wants the same deal and can get it, good luck to them.