3 ms·
It’s a form of screwing over the creators involved. They make $30mil and they don’t have to pay residuals or revenue/profit shares. Everyone involved gets fucke
by altairprime 3y ago
It’s a form of screwing over the creators involved. They make $30mil and they don’t have to pay residuals or revenue/profit shares. Everyone involved gets fucked over except the studio, which can easily afford to ’lose’ $40mil to avoid paying actors.
It may help to consider the biggest movie studios at this scale as VCs; they only care about 10x profits, anything less is pocket change, and if it lets them keep actors dependent on them, all the more reason to bin anything that risks becoming a cult classic and has to pay residuals. If you can picture a VC firm shutting down a startup when a union forms, then this is the same mindset.