Actors take to the internet to show their residual checks, some in the negative

Re:Actors take to the internet to show their residual checks... by CaliforniaKarl on Saturday July 29, 2023 @03:32PM (#36923689)

It’s interesting seeing the first three comments; from scarface_74, jrockway, and causality0. Movies are often their own corporate entities, with actors investing their time in hopes of a good return. When you choose to work at a startup, you invest your time, and take a lower cash salary, in hopes that your equity will make it worth it. Same with actors.

If you sympathize for the founders who get screwed out of big returns because of the machinations of others, the situation isn’t that different here. Hence the strike, and this story.

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Re:Actors take to the internet to show their residual checks... by scarface_74 on Saturday July 29, 2023 @09:03PM (#36926590)

I work in cloud consulting for a the river company based in Seattle. My base pay is far lower than I could get working for another consulting company. The difference is made up by RSUs which by definition give me rights to the future value of the company. If you work for a company that pays dividends like Apple and Microsoft, the RSUs they give you do give you a residual right to income.

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