Since the outbreak of the dual U.S. labor strikes, the issue of residuals has risen to the fore as a key battleground dividing Hollywood’s creative cluster and the studios, networks and streamers.
Both the WGA and SAG-AFTRA have proposed changes to the current, fixed residual system. The WGA has suggested a viewership-based residual model, in addition to fixed residuals, while SAG-AFTRA is asking for actors to receive a 2% share of the revenue generated from streaming content.
However, the AMPTP says the suggestions are “unworkable” and the two sides remain apart….
Read more on google news