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Residuals

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WGA Deal Infuses $321M Into Health Plan, Expands AI Licensing Rules
business2 days ago

WGA Deal Infuses $321M Into Health Plan, Expands AI Licensing Rules

The Writers Guild of America West announced a four-year tentative contract with studios and streamers that includes a $321 million infusion into the union’s health plan, higher residuals and an AI‑licensing framework; minimum payments rise 10.5% over the four years, and the deal shifts $25 million from the Paid Parental Leave fund to the health fund. Health-plan contributions will climb to 16.75% of reported earnings, and starting in 2027 active members face premiums around $75/month with higher deductibles and out‑of‑pocket costs, alongside adjusted coverage. The agreement also establishes an AI-notice requirement for licensing scripts to train generative AI, though writers did not secure direct AI training compensation. The WGA West board and WGA East council approved the deal and members will vote on ratification April 16–24.

via The Hollywood Reporter|
#ai#business#contract
WGA Deal Pumps $321M into Health Fund, Uplifts Residuals, and AI Talks
entertainment2 days ago

WGA Deal Pumps $321M into Health Fund, Uplifts Residuals, and AI Talks

The Writers Guild of America struck a four-year agreement with AMPTP that injects $321 million into the health fund to shore up coverage amid rising costs, boosts streaming residuals (with a higher 75% “success bonus” for top shows), raises minimum rates, and adds an AI-usage framework while preserving most staffing terms; writers will face higher premiums, deductibles, and out-of-pocket costs, a reform of extended coverage, a new Centivo option, and a higher earnings threshold for coverage, with ratification votes running April 16–24.

via Variety|
#amptp#artificial-intelligence#entertainment
Kate Hudson's Ongoing 10-Cent Residuals from Home Alone 2
entertainment2 years ago

Kate Hudson's Ongoing 10-Cent Residuals from Home Alone 2

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."

via Daily Mail|
#acting-career#entertainment#home-alone-2
Kate Hudson's 10-Cent Residuals from 'Home Alone 2' Cameo
entertainment2 years ago

Kate Hudson's 10-Cent Residuals from 'Home Alone 2' Cameo

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.

via Hollywood Reporter|
#acting#entertainment#home-alone-2
entertainment2 years ago

"Kate Hudson's 10-Cent Residuals from 'Home Alone 2' Still Arriving"

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.

via Entertainment Weekly News|
#entertainment#family#home-alone-2
SAG-AFTRA's New Contract: Streaming Bonus, AI Protections, and More
entertainment2 years ago

SAG-AFTRA's New Contract: Streaming Bonus, AI Protections, and More

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.

via IndieWire|
#actors#entertainment#hollywood
Terrence Howard Demands Overdue Residuals and Performance Royalties from Paramount
entertainment2 years ago

Terrence Howard Demands Overdue Residuals and Performance Royalties from Paramount

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.

via Yahoo Finance|
#entertainment#lawsuit#paramount
Matthew Perry's Potential Residuals and Posthumous Hollywood Walk of Fame Star
entertainment2 years ago

Matthew Perry's Potential Residuals and Posthumous Hollywood Walk of Fame Star

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.

via The News International|
#charitable-donations#entertainment#friends
The Future of Matthew Perry's 'Friends' Residuals and Legacy
entertainment2 years ago

The Future of Matthew Perry's 'Friends' Residuals and Legacy

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.

via NBC News|
#entertainment#estate#friends
The Impact of Matthew Perry's Death on the 'Friends' Cast and Residuals
entertainment2 years ago

The Impact of Matthew Perry's Death on the 'Friends' Cast and Residuals

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.

via CNBC|
#entertainment#estate#friends