'Suits' Was Streamed For 3 Billion Minutes on Netflix and the Writers Were Collectively Paid $3,000

The sorry state of streaming residuals shows why SAG and the WGA are striking.

https://nofilmschool.com/suits-residuals

'Suits' Was Streamed For 3 Billion Minutes on Netflix and the Writers Were Collectively Paid $3,000

The sorry state of streaming residuals shows why SAG and the WGA are striking.

No Film School
Didn’t the writers get paid a salary during the production?

yes, they sure did, but not enough, because at the time they accepted their last labor agreement, they were being paid when the studios and producers were selling their work on in other distribution avenues covered by that agreement, and now they studios are selling them on in other avenues of distribution which weren't covered by that agreement, and aren't compensating them for it.

It's really not that difficult of a concept. It's all in the employment agreement you work under.

I can get behind fair wages, but I don’t understand residuals. You were paid to do a job, but you also expect a cut of whatever future revenue it might achieve?

You were paid to do a job, but you also expect a cut of whatever future revenue it might achieve?

If it’s in the contract then yes.

If you’re wondering why it’s in the contract, this is very common in lots of different business types.

Up front, there may not be a desire to make a huge investment. What if isn’t a success? So you tell whoever is making , “hey, we’ll pay you measely dollars now to make it, and pay you percent of money that comes in for it down the road.” This way you can invest a smaller amount up front ensuring the thing gets made, but everyone involved gets a cut based on the future success.

Since the success/amount made isn’t determined in a one-time deal, you pay out the shares of the success over time: aka residuals.