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Pulman Explains Residuals Issue In Hollywood Strike
21 September 2023
Pryor Cashman LLP
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Pryor Cashman Partner Simon Pulman, co-chair of the Media +
Entertainment and Film, TV + Podcast Groups, spoke with the Los
Angeles Times about the issue of residual payments in the
ongoing Hollywood Strike.
In "What are residuals and how do they work? A Hollywood
strike battleground, explained," Simon notes that the
streaming model has created a new approach to residuals, which used
to be tied to ratings or ticket sales:
In trying to adapt residuals to a streaming-centric world,
Pulman said, industry stakeholders devised an "enormously
complicated" formula that looked at a show or film's
length as well as how long it had been on the platform. But that
calculation is not based on whether something is a hit or not,
Pulman emphasized, meaning an extremely popular show could still
pay out the same amount in residuals as a dud.
The article details how the actors' and writers' unions
are calling for changes to the current system.
Read the full article using the link below (subscription may be
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