All articles tagged with #residuals
Sarah Sherman received a surprising mix-up where her SAG residual checks were sent to Gilda Radner's estate, which she interpreted as a spiritual sign and a confirmation of her place on SNL. The story highlights her journey in comedy, her connection to Radner, and her recent controversies on the show.
Amanda Seyfried claims Paramount owes her money for using her likeness on Mean Girls merchandise, highlighting ongoing issues of residuals and licensing rights related to the film's cultural success.
Kate Hudson revealed on her Sibling Revelry podcast that she still receives small residual payments for her role in Home Alone 2, joking that she gets 10 cents every once in a while. She also recently released her first single 'Talk About Love' and expressed her ambition to release an album, which was delayed due to the COVID pandemic.
Kate Hudson revealed on her Sibling Revelry podcast that she still receives 10-cent residual checks for her small role in Home Alone 2, where she sang in the chorus. She reminisced about her early career alongside former child actor Joey Lawrence and shared that she is still making money off one of her earliest roles, despite the small amount. Kate, who recently launched her music career, also mentioned that she is stepping back from acting to focus on music, and she recently released her debut single "Talk About Love."
Kate Hudson revealed on her podcast that she still receives 10-cent residual checks for her brief appearance in Home Alone 2 as a child, due to singing in the chorus. The discussion also touched on the decline in residual payments for actors and writers, particularly with the shift to streaming platforms, with examples of meager payments shared during recent strikes.
Kate Hudson revealed on her podcast, Sibling Revelry, that she still receives 10-cent residuals from her early role in Home Alone 2: Lost in New York for singing in the chorus. During the conversation, she discussed her earliest credits with other famous siblings and humorously mentioned the small amount she receives. Additionally, the Hudson family's dog, Roy Hawn Russell, recently starred in a Budweiser commercial during the Super Bowl, adding to the family's show business involvement.
The new SAG-AFTRA contract includes a streaming participation bonus of $40 million per year over three years, aimed at getting more actors paid. However, when divided among the 160,000 members, the amount per person is not significant. The bonus is specifically for actors working on made-for-streaming projects, excluding theatrical films or broadcast shows that later appear on streaming. The bonus is divided between principal performers on successful streaming shows and a fund allocated to other qualifying members. The exact distribution is still to be determined. While the bonus may not be substantial for all actors, it is seen as a step towards recognizing their worth in the streaming industry and making a sustainable career for working performers.
Terrence Howard plans to sue Paramount, alleging that the studio owes him around 20 years' worth of residuals and performance royalties for his breakthrough role in the film "Hustle & Flow." Howard claims he was paid only $12,000 for the role and has yet to receive royalties for the songs he performed, as Paramount listed his name as "performed by Dejay," a name they owned. Howard intends to send a letter to the studio demanding the owed payments.
The fate of Matthew Perry's residuals from the popular sitcom Friends, which brought in an estimated $20 million annually, remains uncertain following his passing. California law provides three potential scenarios for the inheritance of his residuals: Perry may have designated beneficiaries, such as his parents or half-siblings, or a trust that would determine the recipients. Alternatively, if no beneficiaries were designated, state law would decide the distribution of his assets. Perry's charitable endeavors, particularly in the field of addiction, may also play a role in the allocation of his estate.
Matthew Perry, known for his role as Chandler Bing on the sitcom "Friends," reportedly earned $20 million a year in residuals from the show. Following his death, the fate of his "Friends" residuals depends on whether he named beneficiaries or a trust. If not, California's intestacy laws will determine the distribution, likely favoring his parents and half-siblings. Perry's estate may also include charitable contributions, as he was involved in philanthropic endeavors. Estate planning is crucial for high-net-worth individuals to avoid complications and taxes.
Matthew Perry, best known for his role as Chandler Bing on the sitcom "Friends," reportedly earned $20 million a year in residuals from the show. With his passing, the fate of his "Friends" residuals depends on whether he named beneficiaries or established a trust. If not, California's intestacy laws will determine the distribution of his estate, likely starting with his parents and then his half-siblings. Perry's estate may also include his 2022 memoir and other assets. Additionally, Perry's philanthropic interests may have influenced his estate plan, potentially directing some of his wealth towards charitable causes.
Actors on the NYC picket line rejected an offer from A-listers to fund their health care and rework residual payments, stating that it violates federal labor law and is not related to the current contract negotiations. While appreciating the effort, actors expressed concerns about transparency and the need for promised residuals. Despite the setback, actors remain optimistic about reaching a deal and are determined to continue the strike until an agreement is reached.
A proposal by George Clooney and other A-list actors to end the SAG-AFTRA strike has been rejected by the union's negotiating committee. The proposal included a dues increase on high-earning actors and a change in residuals to prioritize low-earning actors. However, the proposal failed to address the main issues of the strike, such as a share of streaming revenue, increased minimums, and regulations on artificial intelligence. The union argues that the proposal weakens unity and suggests that high-earning actors should cover costs that studios refuse to pay.
A group of A-list Hollywood stars, including George Clooney, Emma Stone, Ben Affleck, Tyler Perry, and Scarlett Johansson, have proposed a groundbreaking plan to end the ongoing actors strike by eliminating the cap on membership dues and implementing a bottom-up residual structure. The offer, which would bring over $150 million to the union over the next three years, aims to bolster health benefits and address other areas of concern for SAG-AFTRA. The proposal has been brought to the negotiating committee, but negotiations are ongoing.
Talks between SAG-AFTRA and major studios have broken down over a $480 million gap in streaming pay. SAG-AFTRA is demanding $500 million in a new streaming residual formula, while the studios are only willing to pay $20 million. The union remains on strike, causing the entertainment industry to remain shut down. Other issues, such as artificial intelligence and minimum rate increases, are also causing disagreements. The studios have estimated that their offer is worth over $1 billion to actors over three years, primarily through higher minimum rates.