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 eesmith on Saturday July 29, 2023 @05:07PM (#36924618)

I don't see why your personal experience is all that relevant.

Just because you haven't been able to negotiate a contract with residuals shouldn't prevent anyone else from getting better terms. Maybe you should join a union and collectively bargain for a better contract? Or get an agent to negotiate for you?

Residuals in acting are the rough equivalent an employee stock option for software developers. They are part of the total compensation, and help align the interests of the actor/developer with the interests of the company. Work hard, and if the show/product does well, the worker gets an extra reward. Remove stock options, remove residuals, and total compensation drops, leaving you with angry employees.

The argument about the amount of residuals support the strikers' argument that they are getting less total compensation, which is one of several major points made by the unions.

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Re:Actors take to the internet to show their residual checks... by scarface_74 on Saturday July 29, 2023 @09:22PM (#36926722)

> Just because you haven't been able to negotiate a contract with residuals shouldn't prevent anyone else from getting better terms

Residuals are nothing magical. You can calculate the net present value of the future expected value of your work and negotiate based on that.

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Re:Actors take to the internet to show their residual checks... by eesmith on Sunday July 30, 2023 @02:13AM (#36928374)

Of course they aren't magical. Neither are options.

Your point, while valid, doesn't change my total compensation argument at all.

Just because glimshe doesn't get residuals (or presumably employee stock options) doesn't mean others should be prevented from negotiating for residuals or stock options as part of their total compensation.

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