Love this. Writers & actors don't share in the risk of this business. That's why studios have agreed to buy every spec that gets written. And if an actor takes the time to audition (and learn pages) they're guaranteed paid work. We creatives are DROWNING in risk-free guarantees.
AMPTP on revenue sharing pitch from SAG-AFTRA
● The Union is proposing that performers share in the rewards of a successful show, without bearing any of the risk. Under the Union’s proposal, performers would be entitled to receive not only the existing fixed residual – which is paid to the performer even if no one is watching the program – but also a new residual which “shares” in revenue that is somehow attributed to the show. The Union proposes to “share” in success, but not in failure. That is not sharing.
● Further, the Union’s proposal does not “follow the money.” It seeks revenue generated by a streaming service, but that is not money that the Producer of a program is entitled to receive. The Producer of a program gets a license fee from the streaming service. That’s it. The Producer does not share in the
subscription revenue that the streaming service generates, so it is completely illogical to ask the Producer to pay based upon that revenue.