What does Residuals and Royalties Abroad mean?
Residuals and Royalties Abroad refers to the payments made to actors, writers, musicians, and other talent for the international distribution of their work. Just as residuals are earned in the domestic market, residuals and royalties are paid when a project is distributed overseas, whether through syndication, streaming, or sales of DVDs. These payments are governed by international agreements, and the amount can vary depending on the country, distribution method, and local laws. For many actors and creatives, foreign markets represent a significant additional source of income.
Example:A TV actor receives residuals when their show is sold to a foreign broadcaster, with payments calculated based on international agreements.
Example: A musician earns royalties abroad when their song is used in an international commercial campaign, adding to their overall earnings from the project.
Did You Know?
Foreign markets can significantly increase residuals and royalties, as international distribution brings projects to new audiences worldwide!
You can also find “Residuals and Royalties Abroad” and related terms in this category: International Work.
