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Revenue Sharing Formula

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Fran Drescher: Leading the Charge in Hollywood's Labor Battle
entertainmentlabor2 years ago

Fran Drescher: Leading the Charge in Hollywood's Labor Battle

Fran Drescher, president of SAG-AFTRA, led her union into its first TV and film strike in 43 years, joining forces with writers in a "double strike." Drescher, known for her role in "The Nanny," has been a key figure in brokering peace within the union and rallying support for the strike. The dispute centers around business models and residual formulas, with Drescher advocating for a revenue-sharing formula that would give performers a percentage of the economic value of successful shows on streaming platforms. The studios have dismissed this approach, but Drescher argues it is essential to address the changing landscape of the entertainment industry.