How do SAG-AFTRA residuals work?
SAG-AFTRA does not automatically pay performers from a residuals reserve. The producer must still submit quarterly reporting as required under the Basic Agreement. Only the funds owed for residuals at the time of reporting will be paid out of the reserve account.
How long do SAG residuals last?
Free TV, non-network – four months after initial broadcast, then quarterly when the producer receives revenue. Supplemental markets – four months after initial exhibition, then quarterly when the producer receives revenue.
What is a SAG residual?
In the context of SAG television programs and films, the term residuals refers to the money actors receive when a production is reused. All performers hired under or upgraded to a principal-performer agreement whose performance remains in the final product receive residuals.
Can an actor live off residuals?
Maybe. Most television actors don’t live like royalty off their royalties — but some make a decent living. Royalties are referred to as “residuals” in the television world. A residual is a payment an actor is due when a show plays in reruns or is sold to syndication, released on DVD or streamed online.
How much does Seinfeld make in syndication?
In total syndication, the show has reportedly made more than $3 billion in profits. Although, all that money doesn’t go directly into Seinfeld’s wallet.
How do I contact SAG-AFTRA about residuals?
For general residuals questions related to specific pictures, please call the Member Care Contact Center at (855) SAG-AFTRA/ (855) 724-2387, or click here for the Residuals Inquiry Form. Looking for information on Foreign Royalties? Click here.
How many sasag-AFTRA members are still owed unclaimed residuals?
SAG-AFTRA’s In Memoriam page lists 121 members who died last year, and a review by Deadline shows that 70 of their estates are owed unclaimed residuals.
How many SAG Life Achievement Award recipients are owed unclaimed residuals?
White, though her stay on the list may be short, is one of 13 recipients of the SAG Life Achievement Award who are currently owed unclaimed residuals.
Is SAG-AFTRA ‘unable to locate’ members who are owed money?
But “unable to locate” is really a misnomer for members who are owed money. SAG-AFTRA has the mailing addresses for all current members, to whom it sends dues statements, union election ballots and its quarterly magazine.