Residual (entertainment Industry)
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Residual (entertainment Industry)
Residuals are financial compensations that are paid to the actors, film or television directors, and others involved in making TV shows and movies in cases of reruns, syndication, DVD release, or online streaming release. Residuals are calculated and administered by industry trade unions like SAG-AFTRA, the Directors Guild of America, and the Writers Guild of America. The word is typically used in the plural form. History Technological advances gave rise to residual payments, and their evolution can be traced in terms of those technologies. Radio Residuals were established in U.S. network radio. Live radio programs with nationwide audiences were generally performed either two or three times to account for different time zones between the east and west coasts of the United States. The performers were paid for each performance. After audio "transcription disc" technology became widely available in the late 1930s, it was initially used to make recordings to send to radio stations t ...
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Actor
An actor or actress is a person who portrays a character in a performance. The actor performs "in the flesh" in the traditional medium of the theatre or in modern media such as film, radio, and television. The analogous Greek term is (), literally "one who answers".''Hypokrites'' (related to our word for hypocrite) also means, less often, "to answer" the tragic chorus. See Weimann (1978, 2); see also Csapo and Slater, who offer translations of classical source material using the term ''hypocrisis'' ( acting) (1994, 257, 265–267). The actor's interpretation of a rolethe art of actingpertains to the role played, whether based on a real person or fictional character. This can also be considered an "actor's role," which was called this due to scrolls being used in the theaters. Interpretation occurs even when the actor is "playing themselves", as in some forms of experimental performance art. Formerly, in ancient Greece and the medieval world, and in England at the time of ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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1988 Writers Guild Of America Strike
The 1988 Writers Guild of America strike was a strike action taken by members of both the Writers Guild of America, East (WGAE) and the Writers Guild of America, West (WGAW) against major United States television and film studios represented by the Alliance of Motion Picture and Television Producers (AMPTP). The strike, which ran from March 7 to August 7, 1988, affected production on movies and TV shows. At 153 days, it remains the longest strike in the history of the WGA, surpassing the 1960 strike by one week and the 2007–08 strike by seven weeks. Summary Formal negotiations between the writers guilds and producers began in January 1988. The main disagreements"Writers Strike Chronology,"
from ''Los Angeles Times'', 8/4/1988
included: *
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Bob Hope
Leslie Townes "Bob" Hope (May 29, 1903 – July 27, 2003) was a British-American comedian, vaudevillian, actor, singer and dancer. With a career that spanned nearly 80 years, Hope appeared in more than 70 short and feature films, with 54 feature films with Hope as star, including a series of seven '' Road to ...'' musical comedy films with Bing Crosby as Hope's top-billed partner. In addition to hosting the Academy Awards show 19 times, more than any other host, Hope appeared in many stage productions and television roles and wrote 14 books. The song "Thanks for the Memory" was his signature tune. Hope was born in the Eltham district of southeast London, he arrived in the United States with his family at the age of four, and grew up near Cleveland, Ohio. After a brief career as a boxer in the late 1910s, Hope began his career in show business in the early 1920s, initially as a comedian and dancer on the vaudeville circuit, before acting on Broadway. Hope began appeari ...
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Glenn Ford
Gwyllyn Samuel Newton "Glenn" Ford (May 1, 1916 – August 30, 2006) was a Canadian-American actor who often portrayed ordinary men in unusual circumstances. Ford was most prominent during Classical Hollywood cinema, Hollywood's Golden Age as one of the biggest box-office draws of the 1940s, 1950s, and 1960s, who had a career that lasted more than 50 years. Although he played in many genres of movies, some of his most significant roles were in the film noirs ''Gilda'' (1946) and ''The Big Heat'' (1953), and the high school angst film ''Blackboard Jungle'' (1955). However, it was for comedies or westerns which he received acting laurels, including three Golden Globe Award for Best Actor – Motion Picture Musical or Comedy, Golden Globe Nominations for Best Actor in a Comedy movie, winning for ''Pocketful of Miracles'' (1961). He also played a supporting role as Clark Kent's adoptive father, Jonathan and Martha Kent, Jonathan Kent, in ''Superman (1978 film), Superman'' (1978). F ...
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Mickey Rooney
Mickey Rooney (born Joseph Yule Jr.; other pseudonym Mickey Maguire; September 23, 1920 – April 6, 2014) was an American actor. In a career spanning nine decades, he appeared in more than 300 films and was among the last surviving stars of the silent-film era. He was the top box-office attraction from 1939 to 1941, and one of the best-paid actors of that era. At the height of a career marked by declines and comebacks, Rooney performed the role of Andy Hardy in a series of 16 films in the 1930s and 1940s that epitomized mainstream America's self-image. At the peak of his career between ages 15 and 25, he made 43 films, and was one of MGM's most consistently successful actors. A versatile performer, he became a celebrated character actor later in his career. Laurence Olivier once said he considered Rooney "the best there has ever been". Clarence Brown, who directed him in two of his earliest dramatic roles in ''National Velvet'' and '' The Human Comedy'', said Rooney was "the cl ...
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Pension
A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments. A pension may be a "defined benefit plan", where a fixed sum is paid regularly to a person, or a "defined contribution plan", under which a fixed sum is invested that then becomes available at retirement age. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "retirement plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government, or other institutions such as employer associations or trade unions. Called ''retirement plans' ...
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Health Insurance
Health insurance or medical insurance (also known as medical aid in South Africa) is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among many individuals. By estimating the overall risk of health risk and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to provide the money to pay for the health care benefits specified in the insurance agreement. The benefit is administered by a central organization, such as a government agency, private business, or not-for-profit entity. According to the Health Insurance Association of America, health insurance is defined as "coverage that provides for the payments of benefits as a result of sickness or injury. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment". Background A health i ...
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Universal Pictures
Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an American film production and distribution company owned by Comcast through the NBCUniversal Film and Entertainment division of NBCUniversal. Founded in 1912 by Carl Laemmle, Mark Dintenfass, Charles O. Baumann, Adam Kessel, Pat Powers, William Swanson, David Horsley, Robert H. Cochrane, and Jules Brulatour, Universal is the oldest surviving film studio in the United States; the world's fifth oldest after Gaumont, Pathé, Titanus, and Nordisk Film; and the oldest member of Hollywood's "Big Five" studios in terms of the overall film market. Its studios are located in Universal City, California, and its corporate offices are located in New York City. In 1962, the studio was acquired by MCA, which was re-launched as NBCUniversal in 2004. ...
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Strike Action
Strike action, also called labor strike, labour strike, or simply strike, is a work stoppage caused by the mass refusal of employees to Labor (economics), work. A strike usually takes place in response to grievance (labour), employee grievances. Strikes became common during the Industrial Revolution, when Labour economics, mass labor became important in factories and mines. As striking became a more common practice, governments were often pushed to act (either by private business or by union workers). When government intervention occurred, it was rarely neutral or amicable. Early strikes were often deemed unlawful conspiracies or anti-competitive cartel action and many were subject to massive legal repression by state police, federal military power, and federal courts. Many Western nations legalized striking under certain conditions in the late 19th and early 20th centuries. Strikes are sometimes used to pressure governments to change policies. Occasionally, strikes destabilize ...
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Screenwriter
A screenplay writer (also called screenwriter, scriptwriter, scribe or scenarist) is a writer who practices the craft of screenwriting, writing screenplays on which mass media, such as films, television programs and video games, are based. Terminology In the silent era, writers now considered screenwriters were denoted by terms such as photoplaywright, photoplay writer, photoplay dramatist and screen playwright.Steven Maras. ''Screenwriting: History, Theory and Practice.'' Wallflower Press, 2009. pp. 82–85. Screenwriting historian Steven Maras notes that these early writers were often understood as being the authors of the films as shown and argues that they cannot be precisely equated with present-day screenwriters because they were responsible for a technical product, a brief "scenario", "treatment", or "synopsis" that is a written synopsis of what is to be filmed. Profession Screenwriting is a freelance profession. No education is required to be a professional scree ...
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Film Studio
A film studio (also known as movie studio or simply studio) is a major entertainment company or motion picture company that has its own privately owned studio facility or facilities that are used to make films, which is handled by the production company. Most firms in the entertainment industry have never owned their own studios, but have rented space from other companies. There are also independently owned studio facilities, who have never produced a motion picture of their own because they are not entertainment companies or motion picture companies; they are companies who sell only studio space. Beginnings In 1893, Thomas Edison built the first movie studio in the United States when he constructed the Black Maria, a tarpaper-covered structure near his laboratories in West Orange, New Jersey, and asked circus, vaudeville, and dramatic actors to perform for the camera. He distributed these movies at vaudeville theaters, penny arcades, wax museums, and fairgrounds. The first ...
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