What does TV/Theatrical Contracts mean?
TV/Theatrical Contracts is the core SAG-AFTRA agreement covering most major television and theatrical productions. This contract is used in traditional TV series, feature films, and major network productions. It ensures that actors are compensated according to union rates, receive residuals for reruns or syndication, and are covered by health, pension, and safety standards. These contracts are a critical part of the entertainment industry, establishing consistent terms for film and television productions.
Key Points of the TV/Theatrical Contracts:
- Residuals: Actors are paid residuals for reruns, syndication, and streaming of the project.
- Minimum Pay Rates: SAG-AFTRA sets minimum daily and weekly pay rates for actors working in TV and film.
- Health and Pension Benefits: Actors are entitled to health and pension benefits under these contracts, ensuring long-term financial security.
Negotiation Tips:
- Performance Bonuses: For high-budget films or TV shows, actors can negotiate for performance-based bonuses, especially if the show or movie becomes a hit.
- Residual Increases: Actors in long-running TV series may negotiate for increased residuals for reruns or syndication deals.
- Script Approval: For lead roles, actors may negotiate for script approval or creative input over their character development.
Example:A lead actor in a major TV series received substantial residuals as the show was syndicated internationally under a TV/Theatrical Contract.
Example: An actor in a blockbuster movie negotiated for a back-end percentage, earning additional income based on box office success.
Did You Know?
Actors working under TV/Theatrical Contracts can earn residuals for years, especially if the show or movie continues to air in reruns or syndication!
Learn More:
For more detailed information, visit the official SAG-AFTRA TV/Theatrical Contract page.
