Summer Stock
Summer Stock refers to theatrical productions performed during summer months — traditionally in a rapid-production repertory model that developed performers intensively, now evolving into professional summer seasons at regional venues.
Touring Company
A Touring Company is the cast and production team assembled to present a theatrical production across multiple cities — separate from the original company — on contracts that may last months to years.
Touring Production
A Touring Production is a theatrical show — typically a musical or play — designed or adapted to travel across multiple venues, either as a faithful replica of an original production or a specially created touring version.
Distribution Fee
A Distribution Fee is the percentage of revenue retained by a film distributor as compensation for bringing the production to market — a key factor in determining whether a film generates profit for investors.
Equity Financing
Equity Financing is a method of funding productions in which investors provide capital in exchange for an ownership stake — participating in profits and losses as owners rather than receiving a fixed debt repayment.
Financial Core (Fi-Core)
Financial Core (Fi-Core) is a legal status allowing performers to resign full SAG-AFTRA membership while retaining the right to work on union productions — losing full membership benefits but gaining the ability to work non-union.
First Dollar Gross
First Dollar Gross is a profit participation structure in which a participant receives their percentage of revenue from the very first dollar earned — before any deductions — reserved for the industry’s most powerful performers.
Health and Retirement
Health and Retirement (H&R) refers to the SAG-AFTRA benefit programs funded by producer contributions on union productions — providing healthcare and pension benefits to qualifying union performers.
Loan-Out
A Loan-Out is a personal service corporation established by a performer to contract with productions on their behalf — providing tax advantages and liability protection common among established entertainment professionals.
Media Conglomerate
A Media Conglomerate is a large corporation owning multiple media businesses across platforms — film, television, streaming, publishing, and more — that has come to dominate the entertainment industry.